I The Pelzman Effect University of Chicago professor Sam Pelzmans research suggests that when the government enacts

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I The Pelzman Effect University of Chicago professor Sam Pelzman’s research suggests that when the government enacts stricter safety regulations, people respond by engaging in more risky behaviors, which then offsets some of the effect of the regulations. For example, automatic lane departure.

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Fundamentals Of Economics

ISBN: 9781133956105,9781285531847

6th Edition

Authors: William Boyes, Michael Melvin

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