Understanding Public Reaction to Risk Analysis

17 Pages Posted: 16 Apr 2010

Date Written: 1984

Abstract

In 1973, the Ford Motor Company introduced to the American automobile-buying public the Ford Pinto. Weighing 2000 pounds and costing only $2,000, it was shepherded from the drawing board to production in only 34 weeks, somewhat of a record in the automobile business where two-year lead times are not unheard of even under moderately severe time pressures from competition. For the Ford Motor Company, the Pinto was a successful entry into the small car market and became one of the more popular compact automobiles on the road.

Suggested Citation

MacGregor, Donald G., Understanding Public Reaction to Risk Analysis (1984). Available at SSRN: https://ssrn.com/abstract=1591078 or http://dx.doi.org/10.2139/ssrn.1591078

Donald G. MacGregor (Contact Author)

MacGregor-Bates, Inc. ( email )

1010 Villard Ave.
Cottage Grove, OR 97424
United States
(541) 942-5727 (Phone)

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