Stated choice valuation of urban traffic air pollution and noise |
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| Affiliation: | 1. School of Mathematics and Statistics, Lanzhou University, Gansu, China;2. School of Statistics, Dongbei University of Finance and Economics, Dalian 116025, China;3. State Key Laboratory of Numerical Modeling for Atmospheric Sciences and Geophysical Fluid Dynamics, Institute of Atmospheric Physics, Chinese Academy of Sciences, Beijing 10029, China;1. Mendoza College of Business, University of Notre Dame, Notre Dame, IN 46556, United States;2. Paul Merage School of Business, University of California, Irvine, CA 92697, United States;3. E. J. Ourso College of Business, Louisiana State University, Baton Rouge, LA 70803, United States;4. Marshall School of Business, University of Southern California, Los Angeles, CA 90089, United States;1. Department of Environmental Engineering, Technical University of Denmark, Bygningstorvet 115, 2800, Kgs. Lyngby, Denmark;2. Sino-Danish Center for Education and Research, University of Chinese Academy of Sciences, 380 Huaibeizhuang, Huairou District, Beijing, China;3. Department of Management Engineering, Technical University of Denmark, Diplomvej Building 372, 2800, Kgs. Lyngby, Denmark |
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| Abstract: | In this study environmental problems related to urban traffic are valued by Stated Choice. Stated Choice is a Stated Preference method in which non-market goods are assessed relatively to each other and not in absolute amounts as with the more common Contingent Valuation Method. The use of Stated Choice to estimate people’s willingness to pay to reduce environmental problems caused by road traffic can be seen as an extension of the established use of Stated Choice in transport research. Despite the fact that the results from this study have been used by the Norwegian Public Roads Administration in their cost benefit analyses since 1995, this paper points to the fact that considerable uncertainty remains with regard to (1) the area of validity of the results, (2) the impact on the valuations of interaction effects and other general methodological problems with Stated Preference methods, and (3) problems related to the complex choice situation of Stated Choice. |
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