The Deepwater Horizon Oil Spill and Seafood Prices

摘要

Despite differences between the spills, some experience from the Exxon Valdez oil spill will be applicable to the Deepwa-ter Horizon oil spill. In the litigation and claims settlement processes that are likely to follow the Deepwater Horizon spill, a variety of damage claims will need to be evaluated. Insofar as claims are made by fishermen for pure economic losses, it may be necessary to estimate prices that would have existed but for the spill.