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Valuation of aircraft noise by time of day: a comparison of two approaches

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posted on 21.05.2007 by Abigail Bristow, Mark Wardman
This paper reports an innovative application of stated preference techniques to derive values of aircraft noise by time of day and day of week. Revealed preference techniques cannot provide such segmentations which would clearly be of use in policy development especially relating to airport operations. Given the lack of research on this issue the work reported here is highly experimental. Two stated preference experiments were designed. The first focussed on a single time period whilst the second asked respondents to trade between time periods. Both approaches yielded results that are plausible and mutually consistent in terms of relative values by time period. We conclude that stated preference techniques are particularly useful in this context where the use of aggregated values may lead to non-optimal policy decisions.

History

School

  • Architecture, Building and Civil Engineering

Citation

Bristow A.L and Wardman M. (2006) Valuation of aircraft noise by time of day: a comparison of two approaches. Transport Reviews. 26(4), pp. 417-433

Publisher

© Taylor & Francis

Publication date

2006

Notes

This article was published in the journal Transport reviews [© Taylor & Francis]. The definitive version is available at: http://www.tandf.co.uk/journals/tf/01441647.html

ISSN

0144-1647

Language

en

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