【摘要】This paper explores the sorting process in response to differing levels of aviation noise exposure in a housing market. Spatiotemporal hedonic pricing (HP) and stated choice (SC) results reflect nonlinearities and stigma. The HP models reveal nonlinear noise depreciation increasing from0.40 to 2.38 percent per decibel as noise increases, while the SC noise values are lower in an areawith high long-term noise exposure. These nonlinearities are attributed to the spatial sorting of noisetolerant individuals. HP results from the same “noisy” area show a “stigma” from noise during the firstyear after the complete removal of aviation noise.

【文献来源】Thanos S;Bristow A L;Wardman M R.Journal of Regional Science.2015（3）