correction technology automatically returns a car to its lane if the car drifts out of it. The

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correction technology automatically returns a car to its lane if the car drifts out of it. The Pelzman effect implies that if cars were required to have this technology, drivers might feel safe enough to drive home after an evening of drinking.

The Pelzman effect is a variant of what economic concept discussed in this chapter?

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Fundamentals Of Economics

ISBN: 9781133956105,9781285531847

6th Edition

Authors: William Boyes, Michael Melvin

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