APPLYING COST-BENEFIT ANALYSIS TO MARINE SAFETY MEASURES

Cost-benefit analysis (CBA) provides a framework for consistent and rational decision making. It can assist the appraisal of marine safety and environmental measures, such as those recommended by the Donaldson Report. Combined with other techniques, e.g., risk assessment, and noting the particular features of the maritime context, CBA is a valuable aid to thinking. The Department of Transport's (United Kingdom) towing study is using it to weigh the pros and cons of deploying tugs to protect the United Kingdom coast from oil and chemical pollution.

  • Availability:
  • Supplemental Notes:
    • This article is based on a paper presented at the "Colloquium on Shipping, Safety and the Environment--a post-Donaldson Analysis" held at London Guildhall University, November 24-25, 1994.
  • Corporate Authors:

    Taylor & Francis

    4 Park Square, Milton Park
    Abingdon,   United Kingdom  OX14 4RN
  • Authors:
    • Spiro, E
    • Parfitt, A
  • Publication Date: 1995-7

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00711612
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Sep 26 1995 12:00AM