Measuring marginal values of noise disturbance from air traffic: Does the time of the day matter?

Fredrik Carlsson (), Elina Lampi () and Peter Martinsson

No 627, Umeå Economic Studies from Umeå University, Department of Economics

Abstract: This paper analyzes the marginal willingness to pay for changes in noise levels related to changes in the volume of flight movements at a city airport in Stockholm, Sweden,by using a choice experiment. When estimating marginal willingness to pay for different times of the day and days of the week, we find that these vary with the temporal dimensions: mornings and evenings have higher marginal values. Interestingly, a substantial proportion of the respondents prefer no changes in the current noise level. The paper concludes with a policy discussion related to incentivebased pricing.

Keywords: Choice experiment; discrete choice; noise; airport (search for similar items in EconPapers)
JEL-codes: D62 H23 Q51 Q53 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dcm, nep-exp, nep-res and nep-ure
Date: 2004-03-01
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Working Paper: Measuring marginal values of noise disturbance from air traffic: Does the time of the day matter? (2004)
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