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| Content Provider | Springer Nature Link |
|---|---|
| Author | Thas, Sotirios Wardman, Mark Bristow, Abigail L. |
| Copyright Year | 2011 |
| Abstract | The relocation of Athens Airport provided a rare experimental context in which residents experienced significant changes in noise levels due to the introduction or removal of aircraft noise. This paper reports the results from surveys around both airport locations, using stated choice experiments to estimate values for aircraft noise. The respondents were offered actual inter-temporal noise change scenarios rather than hypothetical variations, which is uncommon in the literature, incorporating the presence or absence of an airport and other relevant transport attributes that also changed with the airport relocation. Whilst there is some variation in the valuation of the airport closure and opening, when these values are adjusted to reflect the actual change in decibels, there is remarkably little difference between the old and new airports. However, a significant variation in aircraft noise values is identified between different areas, with respect to education and to a lesser extent income. Our preferred estimate of the monthly household willingness to pay for terminating aircraft noise exposure is 13.12€ and for avoiding the onset of aircraft noise is 9.53€. |
| Starting Page | 559 |
| Ending Page | 583 |
| Page Count | 25 |
| File Format | |
| ISSN | 09246460 |
| Journal | Environmental and Resource Economics |
| Volume Number | 50 |
| Issue Number | 4 |
| e-ISSN | 15731502 |
| Language | English |
| Publisher | Springer Netherlands |
| Publisher Date | 2011-05-05 |
| Publisher Place | Dordrecht |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | Aircraft noise Choice experiments Environmental valuation Stated choice Stated preference Willingness to pay Willingness to accept compensation Economics/Management Science Environmental Management Economic Policy Environmental Law/Policy/Ecojustice Environmental Economics |
| Content Type | Text |
| Resource Type | Article |
| Subject | Economics and Econometrics Management, Monitoring, Policy and Law |
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