This paper reviews the economic literature relating to aviation safety; analyzes the safety record of commercial passenger aviation in the United States and abroad; examines aviation security as a growing dimension of aviation safety; and identifies emerging issues in airline safety and challenges...

This paper reviews road safety performance in the United States. The paper develops a framework for assessing dimensions of road safety, and analyzes the importance of economic factors, travel patterns, demographics, road/traffic/vehicle technology, driver behavior, and public policy. Issues and...

The recent disastrous financial performance of the airline industry is probably thought by many to indicate that deregulation is not workable. But simulations suggest that the current recession and the 1979 fuel price increase are primarily to blame. Deregulation has caused transitional losses...