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http://dx.doi.org/10.5394/KINPR.2007.31.10.819

A preliminary study on operation-effectiveness analysis of marine traffic safety facility  

Gug, Seung-Gi (Department of Maritime police Science, Korea Maritime University)
Kim, Jung-Hoon (Research Institute of Maritime Industry, Korea Maritime Universtiy)
Piao, Yong-Nan (Graduate school of Korea Maritime University)
Publication Information
Journal of Navigation and Port Research / v.31, no.10, 2007 , pp. 819-824 More about this Journal
Abstract
This paper studied safety benefit of operation-effectiveness analysis on marine traffic safety facilities. In the operation-effectiveness of marine traffic safety facilities the benefits can be divided as safety benefit, transport benefit, and other benefit. Safety benefit was produced as the loss aversion cost of marine traffic caused by the reduction of marine accidents after establishing and operating marine traffic safety facilities. First of all the reduction rate marine accidents was estimated to do it, and the detail model of loss aversion cost was constructed Then each variable in the model was defined and the method of computation presented.
Keywords
Safety benefit; Loss aversion cost; Operation-effectiveness analysis; Marine traffic safety facility; Marine accident;
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