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After the Crash: The Passenger Response to the DC-10 Disaster

Author

Listed:
  • Arnold Barnett

    (Sloan School of Management, MIT)

  • Anthony J. Lofaso

    (Sloan School of Management, MIT)

Abstract

Through the analysis of CAB market-share data, an attempt is made to estimate the extent to which fears arising from the Chicago DC-10 crash displaced passenger traffic onto other kinds of aircraft. Factors that could distort simple "before-after" comparisons are discussed and a procedure to correct for them is proposed. The results suggest that, less than a year after the accident, there was no detectable resistance to flying the DC-10.

Suggested Citation

  • Arnold Barnett & Anthony J. Lofaso, 1983. "After the Crash: The Passenger Response to the DC-10 Disaster," Management Science, INFORMS, vol. 29(11), pages 1225-1236, November.
    • Handle: RePEc:inm:ormnsc:v:29:y:1983:i:11:p:1225-1236
    DOI: 10.1287/mnsc.29.11.1225
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    Cited by:

    1. Arnold Barnett & John Menighetti & Matthew Prete, 1992. "The Market Response to the Sioux City DC‐10 Crash," Risk Analysis, John Wiley & Sons, vol. 12(1), pages 45-52, March.
    2. Nancy L. Rose, 1992. "Fear of Flying? Economic Analysis of Airline Safety," Journal of Economic Perspectives, American Economic Association, vol. 6(2), pages 75-94, Spring.

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