ANALYZING THE IMPACT OF RECALLS ON THE MARKET VALUATION OF NEW CARS

This paper looks at the problem of determining the effect on the market valuation of a product because of recalls due to safety defects when the analytical framework is misspecified. Using the car market, the results show that it is difficult, if not impossible, to sort the effect on the price of recalls versus the impact of quality differentials among makes and models.

• Availability:
  • Find a library where document is available. Order URL: https://www.library.northwestern.edu/find-borrow-request/requests-interlibrary-loan/lending-institutions.html
• Authors:
  • Uri, N D
• Publication Date: 1989-7

Media Info

• Features: References; Tables;
• Pagination: p. 37-52
• Serial:
  • Transportation Planning and Technology
  • Volume: 14
  • Issue Number: 1
  • Publisher: Taylor & Francis
  • ISSN: 0308-1060
  • Serial URL: https://www.tandfonline.com/toc/gtpt20/current

Subject/Index Terms

• TRT Terms: Automobiles; Defects; Impact studies; Market value; Recall campaigns
• Subject Areas: Highways; Safety and Human Factors; Vehicles and Equipment;

Filing Info

• Accession Number: 00486553
• Record Type: Publication
• Files: TRIS
• Created Date: Aug 31 1989 12:00AM