NOISE AND PRICES
The noise of aircraft around airports and how it affects the economic behavior of families living in the noise "shadow" are incorporated in a model which permits one to explore the effects of varying the relative quantities of quiet and other goods. The author suggests the traditional regulations be revamped to accomodate a pricing approach to ensure that those who generate the noise costs also pay for them. This might be accomplished, for example, by landing fees differentiated according to the relative noise made by different types of aircraft and varied according to the number of households affected. The methods of analysis presented here could be applied in principle to any other localized amenity or disamenity.
Oxford University PressJournals Subscription Department, 2001 Evans Road
Cary, NC United States 27513
- Walters, A A
- Publication Date: 1975
- Pagination: 147 p.
- TRT Terms: Aircraft; Analysis; Costs; Economics; Mathematical models; Noise; Traffic noise
- Uncontrolled Terms: Models
- Subject Areas: Aviation; Economics; Environment; Finance; Highways; Safety and Human Factors; Society; Vehicles and Equipment;
- Accession Number: 00125782
- Record Type: Publication
- Files: TRIS
- Created Date: Dec 16 1975 12:00AM