Comparing monetary noise values based on annoyance to values based on noise levels

Mikael Ögren () and Henrik Andersson
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Mikael Ögren: VTI, Postal: Box 8072, 402 78 Göteborg, Sweden

No 2010:16, Working Papers from Swedish National Road & Transport Research Institute (VTI)

Abstract: Determining the monetary impact of transportation noise is increasingly important. Several methods exist to estimate the monetary values. In this paper two different methods are compared; monetary values based on noise levels and annoyance data. It is demonstrated that using published data on values based on annoyance gives lower values than what is the case for noise levels. Using annoyance also puts a limit on how fast the noise valuation increases as the sound level/annoyance increases. All comparisons utilizes the standard curves that predict the number of annoyed as a function of the day-evening-night noise level (Lden).

Keywords: Transport; Noise; Willingness to pay (search for similar items in EconPapers)
JEL-codes: D61 Q51 R40 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2010-12-22
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:vtiwps:2010_016

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