Arbeitspapier

Using Happiness Surveys to value Intangibles; the Case of Airport Noise

We assess the monetary value of the noise damage, caused by aircraft noise nuisance around Amsterdam Airport, as the sum of hedonic house price differentials and a residual cost component. The residual costs are assessed from a survey, including an ordinal life satisfaction scale, on which individual respondents have scored. The derived compensation scheme depends on, among other things, the objective noise level, income, the degree to which prices account for noise differences, and the presence of noise insulation.

Sprache
Englisch

Erschienen in
Series: Tinbergen Institute Discussion Paper ; No. 04-024/3

Klassifikation
Wirtschaft
Externalities
Allocative Efficiency; Cost-Benefit Analysis
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Air Transportation
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Thema
cost-benefit analysis
externalities
airport noise
satisfaction analysis
residual shadow costs
Flughafen
Lärm
Lebensqualität
Theorie
Amsterdam (Region)

Ereignis
Geistige Schöpfung
(wer)
van Praag, Bernard M.S.
Baarsma, B.E.
Ereignis
Veröffentlichung
(wer)
Tinbergen Institute
(wo)
Amsterdam and Rotterdam
(wann)
2004

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • van Praag, Bernard M.S.
  • Baarsma, B.E.
  • Tinbergen Institute

Entstanden

  • 2004

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