Methods from scattering theory are introduced to analyze random Schrodinger
operators in one dimension by applying a Volume cutoff to the potential. T
he key ingredient is the Lifshitz-Krein spectral shift function, which is r
elated to the scattering phase by the theorem of Birman and Krein. The spec
tral shift density is defined as the "thermodynamic limit" of the spectral
shift function per unit length of the interaction region. This density is s
hown to be equal to the difference of the densities of states for the free
and the interacting Hamiltonians. Based on this construction, we give a new
proof of the Thouless formula. We provide a prescription how to obtain the
Lyapunov exponent from the scattering matrix, which suggest a way how to e
xtend this notion to the higher dimensional case. This prescription also al
lows a characterization of those energies which have vanishing Lyapunov exp
onent.