Posts Tagged ‘safety regulation’

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    The Cost of Seat Belts

    Nov 6, 11 • 197 Views • Behavioral Economics, Regulation, Thinking EconomicallyNo Comments

    Can we assume that seat belts make us safer? Maybe. Writing about seat belts in 1975, University of Chicago economist Sam Peltzman described what we now call the Peltzman Effect. Sam Peltzman said that yes, seat belts do make us safer. However, making us