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Social Cost of Oil Pollution
NAVAL POSTGRADUATE SCHOOL MONTEREY CA
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The purpose of this thesis is to investigate a method of improving decision making relative to the problems created by oil spillage. Many countries around the world, including Indonesia, are plagued by increasing pollution from these spills. This thesis uses a simulation to consider the spread and damage caused by oil spills using data from San Francisco Bay. A projection of social costs from these spills has been made. Formulation of a methodology for deriving the social cost of oil spills is a prerequisite in reaching optimal, rational decisions in managing oil pollution. Such decisions may include the establishment of a fine structure, determination of the required level of clean-up and identification of socially significant spills.
APPROVED FOR PUBLIC RELEASE