Valuing road noise for residents in Hong Kong |
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Authors: | H.N. Li C.K. Chau M.S. Tse S.K. Tang |
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Affiliation: | 1. Department of Cell and Molecular Biology, Feinberg School of Medicine, Northwestern University, Chicago, IL 60611, USA;2. Center for Translational Research in Neurodegenerative Disease and Department of Neuroscience, University of Florida, Gainesville, FL, USA;3. Molecular Imaging Center, National Institute of Radiological Science, Chiba, Japan;1. Bioprospecting Group, Agharkar Research Institute, Pune 411004, Maharashtra, India;2. Department of Pharmaceutical Biotechnology, Poona College of Pharmacy, Bharati Vidyapeeth Deemed University, Erandwane, Pune 411038, Maharashtra, India |
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Abstract: | This study estimates the willingness-to-pay value for a one dB(A) change over a range of initial noise levels for a sample population in Hong Kong. It establishes a protocol for estimating the willingness-to-pay values by first establishing an annoyance–dB relationship. The protocol takes into account the characteristics that the probability of being annoyed at a particular level varied with the initial objective noise level, and the annoyance–dB relationship varied for a range of initial annoyance level. The study shows that household income level and initial annoyance levels exert considerable influences on the individual’s willingness-to-pay values. However, age and educational level were found not to exert any significant influence on individual’s willingness-to-pay values. |
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