Date of Award
Master of Science (MS)
Economics and Finance
This study investigates the effects of mass shooting events on the performance of the tourism industry within the United States. The results of the study show that outside of the market-wide returns, the performance of tourism stocks is negatively impacted after a large-scale mass shooting event. Furthermore, when separating extreme outliers in the data such as the Las Vegas Mandalay Bay shooting, the results of the study find that tourism stocks surrounding other large-scale mass shootings are significantly negative. Overall, the results of the study demonstrate a negative response in the tourism industry to large-scale mass shootings.
Deem, Marshall, "Mass Shootings and the Performance of Tourism Stocks" (2020). All Graduate Plan B and other Reports. 1482.
Corporate Finance Commons, Finance and Financial Management Commons, Tourism and Travel Commons
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