Using Happiness Surveys to Value Intangibles: The Case of Airport Noise
通过阿姆斯特丹机场噪音案例,结合房价差异和居民生活满意度调查,评估噪音损害的经济价值,为补偿方案设计提供依据。
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. Copyright 2005 Royal Economic Society.