Please use this identifier to cite or link to this item: https://doi.org/10.1111/j.1539-6924.1998.tb00926.x
Title: Utilizing third-party inspections for preventing major chemical accidents
Authors: Er, J. 
Kunreuther, H.C.
Rosenthal, I.
Keywords: Clean Air Act
EPA
Insurance
Third-party inspections
Issue Date: 1998
Citation: Er, J., Kunreuther, H.C., Rosenthal, I. (1998). Utilizing third-party inspections for preventing major chemical accidents. Risk Analysis 18 (2) : 145-153. ScholarBank@NUS Repository. https://doi.org/10.1111/j.1539-6924.1998.tb00926.x
Abstract: This paper proposes using certified third parties, coupled with Model Risk Management Programs (Model RMPs), to implement EPA's Proposed Rule on the prevention of chemical accidental releases. We concentrate on the insurance aspects of this third-party approach and show that it could enable insurers to more cost-effectively provide coverage against the risks of chemical accidental releases. The third-party approach may also signal the facility's safety and reduce the enforcement costs of regulations.
Source Title: Risk Analysis
URI: http://scholarbank.nus.edu.sg/handle/10635/45193
ISSN: 02724332
DOI: 10.1111/j.1539-6924.1998.tb00926.x
Appears in Collections:Staff Publications

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