Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/154885
Authors: 
Gottinger, Hans Werner
Year of Publication: 
1998
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 27.1998
Abstract: 
We model the occurrence of an environmental accident as a stochastic event, in particular the situation of an oil spill is explored. Characteristics of the ship operator, and the different types of the ship's operating environment determine a stochastic process governing the time patterns and size of spills. It is shown that both the time distribution of different types of oil spills, and the distribution of spill size are affected by pollution control instruments such as fines, by enforcement effort, and by the alert level of the operating personnel.
Subjects: 
Optimisation
Principal Agency
Environmental Pollution
Policy Measures
JEL: 
I18
L51
Q28
Document Type: 
Working Paper

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