Is reducing risk always worth the price?
A 2008 academic study showed that changing the configuration of the runways of Los Angeles International Airport’s North Airfield would reduce the number of deaths caused by runway accidents. But the panel’s recommendation of what to do about that surprised just about everyone. MIT Sloan Professor Arnold Barnett chaired the panel, which included faculty from the University of Maryland, George Mason University, Berkeley, MIT, and Virginia Tech. Barnett gave MIT
