According to a recent study, sometimes highway signs can have the unintended consequence of creating what they are trying to prevent.
Our Surprising Response to More Safety
When we feel protected, safety regulations can encourage the risky behavior and unintended consequences that they are trying to prevent.
Weekly Roundup: From Raisin Reserves to Greek Bank Reserves
Our everyday economics includes inelasticity, supply, regulation, entitlements, subsidies, healthcare, innovation, price floor, monetary policy, euro zone.
An Unintended Consequence of Football Helmets
Regulation can have unintended consequences. With football helmets or seat belts or even financial regulation, protection can create more reckless behavior.