The Effects of Automobile Safety Regulation

By S. Peltzman. 1975

Subfields: Economics & Operations Research

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A Theory of Optimal Random Crackdowns (2010, background): “We are grateful to Larry Samuelson for useful discussions.”
Insurance, Self-Protection, and the Economics of Terrorism (2005, unknown): “tected drivers or the damages associated with accidents ( Peltzman, 1975 ).”
The value of a statistical life (2009, unknown): “, seat belts) may fail to save lives because safer roads or safer cars induce more dangerous driving (Peltzman, 1975).”
A review of residential water conservation tool performance and influences on implementation effectiveness (2006, background): “In 1975, Peltzman’s work on automobile safety regulation raised the spectre of offsetting behaviour decreasing policy effectiveness—and perhaps even leading to perverse outcomes (Peltzman 1975).”
Competitive Crowding and Risk Taking in a Tournament: Evidence from NASCAR Racing (2007, background): “Similarly, race dummies account for all regulatory changes and safety rules that may affect the likelihood of accidents (e.g., Peltzman, 1975).”
Like ripples on a pond: behavioral spillovers and their implications for research and policy (2015, background): “…risk (Asch, Levy, Shea, & Bodenhorn, 1991; Bhattacharyya & Layton, 1979; Cohen & Einav, 2003; Evans & Graham, 1991; Garbacz, 1990a, 1990b, 1991, 1992; Peltzman, 1975; Rudin-Brown & Jamson, 2013; Schoemaker, 1993; Viscusi & Cavallo, 1994; Wilde, 1982a, 1982b, 1998; Wilde, Robertson, & Pless, 2002).”
Impact of the Dodd-Frank Act on Credit Ratings (2014, unknown): “The commonwisdom is that 5 Prior studies show unintended consequences of various regulations, including mandatory seat belt laws (Peltzman, 1975), teacher compensation (Jacob and Levitt, 2003), historic landmark designations (Schaeffer and Millerick, 1991), and predatory lending laws (Bostic,…”
The Effects of Mandatory Seat Belt Laws on Driving Behavior and Traffic Fatalities (2003, unknown): “The comprehensive data on seat belt usage rate enables us to test directly the theory of compensating behavior suggested by Peltzman (1975). We find, contrary to the prediction of the theory of compensating behavior, that higher seat belt usage does not have any significant effect on driving behavio”
Working Paper # 0001 January 5 , 2012 A Survey of Systemic Risk Analytics (2012, unknown): “In particular, he cites the example of the so-called “Peltzman effect” (Peltzman, 1975) in which regulations mandating the installation of various automobile safety devices may have the unintended consequence of encouraging people to drive more recklessly because”
Systemic Risk in the Financial Sector: An Analysis of the Subprime-Mortgage Financial Crisis (2009, background): “…discipline” in the name of “shareholder value”, and that the ease of measuring returns and of communicating about returns as opposed to measuring risks and communicating about risks introduces a bias in favour of strategies that involve 106 The classic reference on this point is Peltzman (1975).”