Monday, September 20, 2010

Reverse Peltzman Effect


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

  1. Octavia SofiaSeptember 22, 2010 at 8:18 PM

    I LOVE this picture..like 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

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