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Intra-Industry Effects of the Accident at Three Mile Island

Published online by Cambridge University Press:  06 April 2009

Robert M. Bowen ,
Richard P. Castanias  and
Lane A. Daley
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Extract

On March 28, 1979, failure occurred in one of the two nuclear reactors at the Three Mile Island (TMI) nuclear power generation facility owned by General Public Utilities (GPU). This nuclear “accident” was the first of its type in the United States, and much anecdotal evidence suggests that the accident intensified public concern and increased regulatory activity. Since this event, several proposed nuclear plants have been cancelled; safety rules have been tightened; certification (by the Nuclear Regulatory Commission) of newly completed nuclear plants has been delayed; and the pressure to curtail or ban the use of nuclear technology continues.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 18 , Issue 1 , March 1983 , pp. 87 - 111
Copyright
Copyright © School of Business Administration, University of Washington 1983

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