Monday, September 20, 2010

Reverse Peltzman Effect

A.K.A. Alchian's Response to Peltzman:

1 comment:

  1. I LOVE this when Landsburg devised an anti- tailgating device in his book: put a spear on the stearing wheel that will impale one if that person rear- ends someone..I say that's incentive enough for me;P