Risk Analysis Commons^™

The Prince William Sound Risk Assessment, Jason R. W. Merrick, Van Dorp Rene J., Thomas Mazzuchi, John R. Harrald, John E. Spahn, Martha Grabowski

Statistical Sciences and Operations Research Publications

After the grounding of the Exxon Valdez, and its subsequent oil spill, all parties with interests in Prince William Sound (PWS) were eager to prevent another major pollution event. While they implemented several measures to reduce the risk of an oil spill, the stakeholders disagreed about the effectiveness of these measures and the potential effectiveness of further proposed measures. They formed a steering committee to represent all the major stakeholders in the oil industry, in the government, in local industry and among the local citizens. The steering committee hired a consultant team, who created a detailed model of the PWS …