- Tytuł:
- Fair and effective compensation of loss in restricted use areas surrounding airports in Poland
- Autorzy:
-
Foryś, Iwona
Habdas, Magdalena
Konowalczuk, Jan - Powiązania:
- https://bibliotekanauki.pl/articles/96443.pdf
- Data publikacji:
- 2019
- Wydawca:
- Fundacja Ekonomistów Środowiska i Zasobów Naturalnych
- Tematy:
-
compensation value
public intervention
transaction cost
negative externality
airport noise
wartość rekompensaty
interwencja publiczna
koszt transakcji
negatywny efekt zewnętrzny
hałas na lotnisku - Opis:
- The intervention on the real estate market through a restricted use area (RUA) surrounding an airport changes the situation of the parties to the conflict and determines the manner of resolving the dispute, which is caused by noise externalities. The state, as a third party to the contract, influences the level of transaction costs on the real estate market. The aim of the publication is to present and compare the concepts of compensating loss relating to residential real estate located within RUAs surrounding airports according to the market value and fair value, as well as to present the methodology and estimates of social costs related to this kind of intervention. The methodological perspective is an effectiveness (market) based justifi cation of the intervention derived from R. Coase’s views, which are subject to critical assessment. Legal and economic deliberations are presented on the basis of studies, conducted in 2016-2018 for 5 largest Polish airports (according to the number of passengers), regarding the assessment of loss compensation in RUAs in the case of residential, single-family houses. The results of empirical research and the case study concern one airport, namely Poznań – Ławica. Theoretical considerations focus on comparing and searching for a legal, economic, and social justifi cation of utilizing two bases of valuation, namely: market value and fair value. The methodology of research has been arranged with the use of R.A. Posner’s approach. The discussion is divided into two parts: an analysis of the regulating element (the legal system) and the changes of the real estate market conditions from the point of view of price and cost levels after the implementation of a RUA.
- Źródło:
-
Ekonomia i Środowisko; 2019, 3; 87-113
0867-8898 - Pojawia się w:
- Ekonomia i Środowisko
- Dostawca treści:
- Biblioteka Nauki
Artykuł