" ... potential oil spill damages are hard to quantify. Appropriate valuation techniques must be used to establish potential impacts from OCS development. In the next section of this report, we evaluate the the valuation techniques used in the Dornbusch study and discuss their applicability for valuing potential impacts from OCS development in the Pacific Northwest."--Page 4.

This is the third of four volumes from the Committee to Review the Outer Continental Shelf (OCS) Environmental Studies Program (ESP). The first two dealt with physical, oceanographic, and ecological aspects of the program. This book presents the findings of the panel's investigation of the social and economic relevance of OCS oil and gas activities and the social and economic aspects of the ESP. It describes the potential effects of OCS activities on the human environment, presents an ideal socioeconomic studies program, and comments on the current program in the Atlantic, Gulf of Mexico, Pacific, and Alaska regions.

This is the third of four volumes from the Committee to Review the Outer Continental Shelf (OCS) Environmental Studies Program (ESP). The first two dealt with physical, oceanographic, and ecological aspects of the program. This book presents the findings of the panel's investigation of the social and economic relevance of OCS oil and gas activities and the social and economic aspects of the ESP. It describes the potential effects of OCS activities on the human environment, presents an ideal socioeconomic studies program, and comments on the current program in the Atlantic, Gulf of Mexico, Pacific, and Alaska regions.