DEVELOPENT OF RISK BENEFIT COST ANALYSIS FOR POLICY FORMULATION (WITH ANALYSIS OF LNG OPERATIONS AS A CASE STUDY)
The methodology developed and presented in the report focuses on broad public policy issues related to the management of risks. Chapters 1 and 2 examine the usefulness of economic tools for dealing with societal risks, particularly those with a low probability of occurrence and high consequence in terms of morbidity and mortality, and provide a theoretical framework for application of a cost/benefit analysis. Criteria are established for evaluating decision processes concerned with these risks. The transport of liquefied natural gas (LNG) is used as a case study. Chapters 3 to 6 examine current policies and regulations of hazardous materials handling by the Federal government; present the salient functions of LNG operations and associated risks; apply the established criteria to LNG operations; and contrast the current LNG risk management practice with these criteria. Also included are the names and addresses of individuals interviewed during the study.
Sterling Hobe Corporation1747 Pennsylvania Avenue, NW
Washington, DC United States 20006
- Publication Date: 1979-7
- Pagination: 213 p.
- TRT Terms: Analysis; Costs; Decision making; Freight handling; Freight transportation; Hazardous materials; Liquefied natural gas; Regulations; Risk analysis; Transportation
- Uncontrolled Terms: Cost analysis
- Old TRIS Terms: Hazardous materials transportation; Lng handling; Lng regulations; Lng transportation; Regulations (Hazardous materials)
- Subject Areas: Administration and Management; Law; Transportation (General);
- Accession Number: 00330561
- Record Type: Publication
- Source Agency: Energy Research Abstracts
- Files: TRIS
- Created Date: Apr 15 1981 12:00AM