A risk and cost-benefit assessment of Australian aviation security measures

Title: A risk and cost-benefit assessment of Australian aviation security measures
Creator: Stewart, Mark G.; Mueller, John
Relation: Security Challenges Vol. 4, Issue 3, p. 45-61
Relation: http://www.securitychallenges.org.au/ArticlePages/vol4no3StewartandMueller.html
Publisher: Kokoda Foundation
Resource Type: journal article
Date: 2008
Description: The Australian government Office of Best Practice Regulation has recommended the use of cost-benefit assessment for all proposed federal regulations. An assessment of increased expenditure on the Air Security Officer (ASO), or air marshal, program since 2001 suggests that the annual cost per life saved is greatly in excess of the regulatory safety goal of $1-$10 million per life saved. As such, the ASO program would seem to fail a cost-benefit analysis. In contrast, hardening of cockpit doors has a significantly lower annual cost per life saved, suggesting that this strategy is a cost-effective security measure.
Subject: aviation security; Australia; cost effectiveness; safety
Identifier: http://hdl.handle.net/1959.13/40668
Identifier: uon:4642
Identifier: ISSN:1833-1459
Language: eng
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