The Impact of Extreme Events in Decisions Under Uncertainty: A Cognitive Perspective
نویسنده
چکیده
In the month following the terrorist attacks of September 11, domestic air travel in the United States dropped more than 30% relative to the same period the previous year. More than six months later, revenue passenger miles remain more than 10% below what they were last Spring (Air Transport Association, March 6, 2002). Such reluctance to fly has obviously contributed to the recent recession in the U.S. economy. Ironically, it may also contribute to an increase in travel-related fatalities as people substitute flying with driving. As Myers (2001) observes:
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