{"id":"https://openalex.org/W2010444316","doi":"https://doi.org/10.1111/j.1465-7295.1986.tb01796.x","title":"MARKET FORCES AND AIRCRAFT SAFETY: THECASEOFTHEDC\u201010","display_name":"MARKET FORCES AND AIRCRAFT SAFETY: THECASEOFTHEDC\u201010","publication_year":1986,"publication_date":"1986-01-01","ids":{"openalex":"https://openalex.org/W2010444316","doi":"https://doi.org/10.1111/j.1465-7295.1986.tb01796.x","mag":"2010444316"},"language":"en","primary_location":{"id":"doi:10.1111/j.1465-7295.1986.tb01796.x","doi":"https://doi.org/10.1111/j.1465-7295.1986.tb01796.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1465-7295.1986.tb01796.x","pdf_url":null,"source":{"id":"https://openalex.org/S206615888","display_name":"Economic Inquiry","issn_l":"0043-3640","issn":["0043-3640","0095-2583","1465-7295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Inquiry","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5070323616","display_name":"Andrew J. Chalk","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I178169726","display_name":"Southern Methodist University","ror":"https://ror.org/042tdr378","country_code":"US","type":"education","lineage":["https://openalex.org/I178169726"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"ANDREW CHALK","raw_affiliation_strings":["*Assistant Professor of Finance, Edwin L. Cox School of Business, Southern Methodist University. I wish to thank Chris Barry, Tom Borcherding, Gailen Hite, Terry Smith, Nikhil Varaiya and the referee for helpful comments and Judy Blocher for her capable research assistance. Special thanks are due to my dissertation Chairman, Barry R. Weingast. Partial financial support from the Center for the Study of American Business at Washington University is gratefully acknowledged"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"*Assistant Professor of Finance, Edwin L. Cox School of Business, Southern Methodist University. I wish to thank Chris Barry, Tom Borcherding, Gailen Hite, Terry Smith, Nikhil Varaiya and the referee for helpful comments and Judy Blocher for her capable research assistance. Special thanks are due to my dissertation Chairman, Barry R. Weingast. Partial financial support from the Center for the Study of American Business at Washington University is gratefully acknowledged","institution_ids":["https://openalex.org/I178169726"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5070323616"],"corresponding_institution_ids":["https://openalex.org/I178169726"],"apc_list":{"value":3400,"currency":"USD","value_usd":3400},"apc_paid":null,"fwci":7.0582,"has_fulltext":false,"cited_by_count":50,"citation_normalized_percentile":{"value":0.96170635,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":95},"biblio":{"volume":"24","issue":"1","first_page":"43","last_page":"60"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11762","display_name":"Law, Economics, and Judicial Systems","score":0.7494999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11762","display_name":"Law, Economics, and Judicial Systems","score":0.7494999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.043299999088048935,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11599","display_name":"Aviation Industry Analysis and Trends","score":0.03700000047683716,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/aircraft-safety","display_name":"aircraft safety","score":0.9020000100135803},{"id":"https://openalex.org/keywords/market-forces","display_name":"market forces","score":0.703000009059906},{"id":"https://openalex.org/keywords/consumer-product-safety","display_name":"consumer product safety","score":0.9129999876022339},{"id":"https://openalex.org/keywords/mcdonnell-douglas","display_name":"McDonnell Douglas","score":0.746999979019165},{"id":"https://openalex.org/keywords/shareholder-losses","display_name":"shareholder losses","score":0.8259999752044678},{"id":"https://openalex.org/keywords/air-carrier-liability","display_name":"air carrier liability","score":0.453000009059906},{"id":"https://openalex.org/keywords/regulatory-costs","display_name":"regulatory costs","score":0.5149999856948853}],"concepts":[{"id":"https://openalex.org/C183469790","wikidata":"https://www.wikidata.org/wiki/Q333501","display_name":"Crash","level":2,"score":0.8418078422546387},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.7589240074157715},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5129758715629578},{"id":"https://openalex.org/C2780009758","wikidata":"https://www.wikidata.org/wiki/Q6804172","display_name":"Measure (data warehouse)","level":2,"score":0.45265620946884155},{"id":"https://openalex.org/C2777834853","wikidata":"https://www.wikidata.org/wiki/Q96776939","display_name":"Liability","level":2,"score":0.43544548749923706},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.36172425746917725},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3498532772064209},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3382931351661682},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.185197114944458},{"id":"https://openalex.org/C77088390","wikidata":"https://www.wikidata.org/wiki/Q8513","display_name":"Database","level":1,"score":0.0},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/j.1465-7295.1986.tb01796.x","doi":"https://doi.org/10.1111/j.1465-7295.1986.tb01796.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1465-7295.1986.tb01796.x","pdf_url":null,"source":{"id":"https://openalex.org/S206615888","display_name":"Economic Inquiry","issn_l":"0043-3640","issn":["0043-3640","0095-2583","1465-7295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economic Inquiry","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":12,"referenced_works":["https://openalex.org/W1526826117","https://openalex.org/W1663121545","https://openalex.org/W1983288674","https://openalex.org/W2066557547","https://openalex.org/W2088864614","https://openalex.org/W2101718392","https://openalex.org/W2106587853","https://openalex.org/W2131773668","https://openalex.org/W2156109180","https://openalex.org/W2167444648","https://openalex.org/W2287841730","https://openalex.org/W4302324995"],"related_works":["https://openalex.org/W1968010685","https://openalex.org/W2075052994","https://openalex.org/W2592140369","https://openalex.org/W1535427446","https://openalex.org/W646664410","https://openalex.org/W2002447633","https://openalex.org/W7097704808","https://openalex.org/W150164378","https://openalex.org/W1965558953","https://openalex.org/W3083353227"],"abstract_inverted_index":{"The":[0,61],"May":[1],"25th,":[2],"1979":[3],"Chicago":[4],"DC\u201010":[5,66],"crash":[6,52,67],"provides":[7],"the":[8,16,48,51,56,65],"opportunity":[9],"to":[10,32,46,53,74],"test":[11],"an":[12],"important":[13],"proposition":[14],"in":[15,69],"theory":[17,41,45],"of":[18,50,55,86],"consumer":[19],"product":[20],"safety:":[21],"Can":[22],"market":[23],"forces":[24],"provide":[25],"safety":[26],"when":[27],"products":[28],"are":[29],"too":[30],"complex":[31],"permit":[33],"buyer":[34],"prepurchase":[35],"inspection?":[36],"This":[37],"paper":[38],"combines":[39],"economic":[40],"with":[42],"modern":[43],"finance":[44],"measure":[47],"cost":[49],"shareholders":[54],"plane's":[57],"manufacturer,":[58],"McDonnell":[59,75],"Douglas.":[60],"results":[62],"indicate":[63],"that":[64,79],"resulted":[68],"a":[70],"$200":[71],"million":[72],"loss":[73],"Douglas":[76],"stockholders":[77],"and":[78],"this":[80],"amount":[81],"exceeds":[82],"any":[83],"reasonable":[84],"estimate":[85],"regulatory":[87],"or":[88],"liability":[89],"costs.":[90]},"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}