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The alimos effect: Nonlinearities, stigma and tolerance reflected in aircraft noise values

Thanos, S, Bristow, AL and Wardman, MR (2009) The alimos effect: Nonlinearities, stigma and tolerance reflected in aircraft noise values In: euronoise 2009, 8th European Conference on Noise Control, 2009-10-26 - 2009-10-28, Edinburgh.

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Abstract

Studies applying both revealed and stated preference techniques in the context of aviation noise are extremely rare. This paper combines the results of Stated Choice (SC) and Hedonic Pricing (HP) methods, looking at how noise values change in areas highly exposed to aircraft noise. This is based on a unique implementation of these methods at the same context, namely the Hellenikon Airport closure in Athens. Alimos area is a special case with high aircraft noise exposure (68dBA), considerably higher to its neighbouring areas. The HP models employed a dataset of 2432 house sales from 1995 to 2003. Models were constructed for the period prior to the Hellenikon Airport closure and for the "post-closure" period. The "post-closure" model does not have a significant coefficient for aircraft noise; only Alimos area is subject to a weak continuing depreciation or "stigma". The innovative SC approach is based on experienced change in aircraft noise levels; namely, the total removal of aircraft noise due to the airport closure. The SC experiments were conducted in 2005, providing a dataset of 5600 choices. There are conflicting effects captured by the two methods. SC captures noise tolerance that reduces willingness to pay (WTP) for aircraft noise in Alimos area, compared to neighbouring areas. Conversely, the noise tolerance of the residents is not reflected in the housing market. Moreover, house prices are further penalised in Alimos, implying nonlinearity for the noise depreciation index in this area. These conflicting effects have implications for stated preference applications in extreme noise exposure.

Item Type: Conference or Workshop Item (Conference Paper)
Subjects : Civil Engineering
Authors :
NameEmailORCID
Thanos, SUNSPECIFIEDUNSPECIFIED
Bristow, ALa.l.bristow@surrey.ac.ukUNSPECIFIED
Wardman, MRUNSPECIFIEDUNSPECIFIED
Date : 1 December 2009
Depositing User : Symplectic Elements
Date Deposited : 17 May 2017 13:52
Last Modified : 18 May 2017 12:53
URI: http://epubs.surrey.ac.uk/id/eprint/840665

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