Unraveling the Peltzman Effect: The Significance of Agent’s Type
The Peltzman effect posits that implementing safety measures incentivizes agents to reduce their effort to a degree where these measures become counterproductive. This paper, “Unraveling the Peltzman Effect: The Significance of Agent’s Type,” emphasized the significance of including the agent’s type (skills, attributes) when analyzing the effectiveness of safety measures. Read more “Unraveling the Peltzman Effect: The Significance of Agent’s Type”