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Abstract ▼ AI-Helper

With the increase of Apartment, the conflicts and complaints owing to the noise between floors has been increased and aggravated. For reducing the noise between floors, it is essential to analyze the inconvenience costs from reduction of noise between floors. This study attempts to assess the inconv...

With the increase of Apartment, the conflicts and complaints owing to the noise between floors has been increased and aggravated. For reducing the noise between floors, it is essential to analyze the inconvenience costs from reduction of noise between floors. This study attempts to assess the inconvenience costs from reduction of noise between floors by using contingent valuation method, especially the one and one half bound dichotomous choice spike model. This model has the benefit of higher efficiency in benefit estimates than the single bound dichotomous choice model and it reduced the potential response bias of double bound dichotomous choice model. According to estimating ways, annual mean willingness to pay per household for the economic benefits from reduction of noise between floors is 54,442 won.

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