search query: @indexterm Marine pollution / total: 10
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| Author: | Jin, D. Kite-Powell, H. Broadus, J. |
| Title: | Dynamic economic analysis of marine pollution technologies: an application to double hulls and electronic charts |
| Journal: | Environmental and Resource Economics
1994 : DEC, VOL. 4:6, p. 555-580 |
| Index terms: | SHIPPING INDUSTRY MARINE POLLUTION OIL POLLUTION |
| Language: | eng |
| Abstract: | Marine pollution associated with shipping accidents has resulted in a Congressional mandate for double hulls on tankers in U.S. waters. In this paper the authors formulate a social planner's problem using optimal control theory to examine the relative cost-effectiveness of double hulls and alternative pollution prevention technologies, and the optimal installation strategy for such technologies. The model encompasses the costs and benefits associated with shipping operations, damage to the marine environment, and investment in each technology. |
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