Quickie: The Peltzman Effect

The Peltzman Effect is when people react to mandatory safety measures by increasing risky behavior, offsetting some if not all of the benefits.

A lot of sources in this one:

* Sam Peltzman | The University of Chicago Booth School of Business https://www.chicagobooth.edu/faculty/emeriti/Sam-Peltzman
* Peltzman, Sam "The Effects of Automobile Safety Laws" Journal of Political Economy 83(4):677-726, 1975. https://www.scribd.com/document/260688593/The-Effects-of-Automobile-Safety-Laws-Sam-Peltzman-Journal-of-Political-Economy-Vol-83-No-4-1975
* Adams, John "The efficacy of seat belt legislation" Society of Automotive Engineers, Transactions 91(3):2824-38, 1982 https://www.jstor.org/stable/44644290
* Roads Gone Wild | WIRED https://www.wired.com/2004/12/traffic/
* Montana - No Speed Limit Safety Paradox http://www.hwysafety.com/hwy_montana.htm
* Rational Risk Policy: The 1996 Arne Ryde Memorial Lectures - W. Kip Viscusi https://oxford.universitypressscholarship.com/view/10.1093/0198293631.001.0001/acprof-9780198293637

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