ABSTRACT
The analysis reported in this paper is an attempt to shed some light into this issue and describes recent regression analyses of oil spill cost data. These analyses have been carried out by the authors and are in the same spirit as those carried out by Yamada (2009) and Psarros et al. (2011) but differ from them on several points. In fact, this work is an updated analysis of a previous work of the same authors that has recently been adopted by the IMO/MEPC as a basis for further discussion on environmental risk evaluation criteria.
