Journal ArticleDOI
Transportation noise, property rights, and institutional structure: the israeli experience in perspective
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TLDR
In this paper, a noise rights approach is suggested to address this problem, and applied to the Israeli case, based on the existing institutional structure there, and the applicability of the noise-rights approach to other contexts and to air and rail transportation is also discussed.About:
This article is published in Transportation Research Part A: General.The article was published on 1989-09-01. It has received 3 citations till now. The article focuses on the topics: Noise pollution & Transportation planning.read more
Citations
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Journal ArticleDOI
How do transport infrastructure and policies affect house prices and rents? Evidence from Athens, Greece
TL;DR: In this paper, the direct and indirect effects of transportation infrastructure and policies on house prices and rents are studied, and the results indicate that proximity to transportation infrastructure has a direct impact on house and apartment purchase prices, which is either positive or negative depending on the type of the transportation system.
Journal ArticleDOI
Railroad noise: economic valuation and policy
TL;DR: In this paper, a causal chain model is presented in which railroad traffic density, noise emission, noise immission and noise annoyance are causally related, and policy measures, aimed at reducing social and economic costs, are incorporated in various stages of the causal model.
Journal ArticleDOI
Malicious Siting or Unrecognised Processes? A Spatio-temporal Analysis of Environmental Conflicts in Tel-Aviv
TL;DR: In this paper, a discussion of the evolution of spatial proximity between noxious facilities and residential areas suggests such proximity is an outcome of more complex processes, though often unrecognised in time.
References
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Book
The Problem of Social Cost
TL;DR: In this paper, it is argued that the suggested courses of action are inappropriate, in that they lead to results which are not necessarily, or even usually, desirable, and therefore, it is recommended to exclude the factory from residential districts (and presumably from other areas in which the emission of smoke would have harmful effects on others).
Journal ArticleDOI
Transaction-Cost Economics: The Governance of Contractual Relations
TL;DR: For instance, the authors argues that if transaction costs are negligible, the organization of economic activity is irrelevant, since any advantages one mode of organization appears to hold over another will simply be eliminated by costless contracting.
Book ChapterDOI
Toward a Theory of Property Rights
TL;DR: In this paper, questions addressed to the emergence and mix of the components of the bundle of rights are prior to those commonly asked by economists, and they are answered by the authors.
Journal ArticleDOI
The Problem of Externality
TL;DR: In this paper, the authors argue that when an externality is present, there is a divergence between private and social cost, and that since market forces by themselves are unable to eliminate the remaining inefficiencies, some government action is automatically necessitated.
Journal ArticleDOI
Willingness to Pay and Compensation Demanded: Experimental Evidence of an Unexpected Disparity in Measures of Value
Jack L. Knetsch,J. A. Sinden +1 more
TL;DR: This paper found that the compensation measure of value seems to exceed significantly the willingness to pay measure, which would appear to call into some question various rules of entitlement, damage assessments, and interpretations of indifference curves.