The contingent valuation method was used to estimate the willingness to pay of the inhabitants of the town of Neuchâtel (Switzerland) to reduce road traffic noise. In a survey representative of the local population, respondents were asked how much they would pay to halve the traffic noise...

Market segmentation is an important issue when estimating the implicit price for an environmental amenity from a surrogate market like property. This paper tests the hypothesis of a segmentation of the housing market between tourists and residents and computes the implicit price for natural...

Pricing of road transport at social marginal cost should make users aware of the damage caused to the environment (external costs). Such an approach, however, requires a preliminary financial estimate of this damage. On the basis of a study carried out at Neuchâtel, this article outlines a...