Our friends at the Unofficial Coast Guard Blog ask the question, Are CG Inspectors Wasting Their Time? they write:
As I mentioned at the end of a previous post, there is a substantial body of academic literature that examines the effectiveness of regulatory enforcement. The article (PDF link) I am discussing in this post finds that violations resulting from tank barge inspections have inadequate penalties to deter large spills. The authors find that the issuance of a violation by the Coast Guard is a significant predictor of a spill. This indicates that Coast Guard inspections of tank barges do little to prevent oil spills. If that is the case, how might we modify the inspections program to provide more value for the use of highly trained (i.e.- expensive) Coast Guard inspectors?
Click HERE to read the full article.