000 01315pab a2200181 454500
008 180718b1998 xxu||||| |||| 00| 0 eng d
100 _aGouliehnos, Alexander M.
245 _aTreatment of uncompensated cost of marine accidents in a model of welfare economics
260 _c1998
300 _ap.183-87
520 _aAttempts to determine the main economic principles that should underline the policies towards safety of ships, cargoes and persons. They applied a model from welfare economics through which they established an "acceptable" or "optimum" level of marine accidents at a point where marginal cost of preventing marine accidents equals the marginal costs of fewer marine accidents. Using mainly graphical analysis they tested whether the Oil Pollution Act is a policy measure in the right direction or not. Similar insights were made for the International Safety Code of IMO which tries to establish quality in shipping through reducing marine accidents (and preventing pollution). This application, to the best of the authors' knowledge, was performed forthe first time. - Reproduced
650 _aMarine transport
650 _aHealth and safety
650 _aAccidents
700 _aGiziakis, Kostas
773 _aDisaster Prevention and Management: an International Journal
909 _a40465
999 _c40465
_d40465