UCL Discovery
UCL home » Library Services » Electronic resources » UCL Discovery

Valuing Aircraft Noise: Stated Choice Experiments Reflecting Inter-Temporal Noise Changes from Airport Relocation

Thanos, S; Wardman, M; Bristow, AL; (2011) Valuing Aircraft Noise: Stated Choice Experiments Reflecting Inter-Temporal Noise Changes from Airport Relocation. Environmental and Resource Economics , 50 (4) 559 - 583. 10.1007/s10640-011-9482-x. Green open access

[thumbnail of repository.pdf]
Preview
PDF
repository.pdf
Available under License : See the attached licence file.

Download (861kB)

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€.

Type: Article
Title: Valuing Aircraft Noise: Stated Choice Experiments Reflecting Inter-Temporal Noise Changes from Airport Relocation
Open access status: An open access version is available from UCL Discovery
DOI: 10.1007/s10640-011-9482-x
Publisher version: http://dx.doi.org/10.1007/s10640-011-9482-x
Language: English
Additional information: © 2011 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
URI: https://discovery.ucl.ac.uk/id/eprint/1410934
Downloads since deposit
263Downloads
Download activity - last month
Download activity - last 12 months
Downloads by country - last 12 months

Archive Staff Only

View Item View Item