The Health Costs of Plastic Grocery Bag Bans
Posted: August 17, 2012 Filed under: Environment, Unintended Consequences Leave a comment »http://www.perc.org/articles/article1523.php
Motives vs. results
Posted: July 6, 2012 Filed under: Intentions vs. Results, Unintended Consequences Leave a comment »http://cafehayek.com/2012/07/motives-vs-results.html
Unintended Consequences/Perverse Incentives
Posted: June 8, 2012 Filed under: Incentives, Uncategorized, Unintended Consequences Leave a comment »Sent to you via Google Reader
Unintended Consequences/Perverse Incentives
FCC Worries That Poor People Are Enjoying Their Electronics Too Much
Posted: May 31, 2012 Filed under: Inequality, Uncategorized, Unintended Consequences Leave a comment »Sent to you via Google Reader
FCC Worries That Poor People Are Enjoying Their Electronics Too Much
Saving Endangered Species
Posted: May 18, 2012 Filed under: Endangered Species, Unintended Consequences Leave a comment »http://www.youtube.com/watch?feature=player_embedded&v=KEgNemu3mfI
Cash for Coolers
Posted: May 7, 2012 Filed under: Unintended Consequences Leave a comment »http://papers.nber.org/papers/w18044#fromrss
Congress Lifts Horse Slaughter Ban
Posted: November 29, 2011 Filed under: Uncategorized, Unintended Consequences 1 Comment »Sent to you via Google Reader
Congress Lifts Horse Slaughter Ban
CPSIA: “Toy lead ban puts kids on ATVs at risk”
Posted: April 16, 2011 Filed under: Consumer Safety, Uncategorized, Unintended Consequences Leave a comment »Sent to you via Google Reader
CPSIA: “Toy lead ban puts kids on ATVs at risk”
Indulge your employees so they don’t mess up
Posted: March 26, 2011 Filed under: Uncategorized, Unintended Consequences Leave a comment »Sent to you via Google Reader
Indulge your employees so they don’t mess up
Energy Efficiency Can Make The Environment Worse Off
Posted: March 8, 2011 Filed under: Energy, Environment, Uncategorized, Unintended Consequences Leave a comment »Sent to you via Google Reader
Energy Efficiency Can Make The Environment Worse Off
U.S. Officials Recommend Reduced Fluoride Levels in Water
Posted: January 7, 2011 Filed under: Unintended Consequences Leave a comment »http://www.businessweek.com/lifestyle/content/healthday/648650.html
Congress Causes Credit Card Customers to Jump to Sharks
Posted: January 4, 2011 Filed under: Financial Regulation, Uncategorized, Unintended Consequences Leave a comment »Sent to you via Google Reader
Congress Causes Credit Card Customers to Jump to Sharks
Dept. of Unintended Consequences
Posted: December 24, 2010 Filed under: Health Care, Unintended Consequences Leave a comment »http://divisionoflabour.com/archives/007538.php
Where There’s Smoking, There’s Fire: The Effects of Smoking Policies on the Incidence of Fires in the United States
Posted: December 20, 2010 Filed under: Tobacco, Unintended Consequences Leave a comment »http://papers.nber.org/papers/w16625#fromrss
Reason.tv: Great Moments in Unintended Consequences
Posted: December 8, 2010 Filed under: Unintended Consequences Leave a comment »http://reason.com/blog/2010/12/08/reasontv-great-moments-in-unin
The Inefficiency of Refinancing: Why Prepayment Penalties Are Good for Risky Borrowers — by Christopher J. Mayer, Tomasz Piskorski, Alexei Tchistyi
Posted: December 6, 2010 Filed under: Financial Regulation, Uncategorized, Unintended Consequences Leave a comment »Sent to you via Google Reader
The Inefficiency of Refinancing: Why Prepayment Penalties Are Good for Risky Borrowers — by Christopher J. Mayer, Tomasz Piskorski, Alexei Tchistyi
This paper explores the practice of mortgage refinancing in a dynamic competitive lending model with risky borrowers and costly default. We show that prepayment penalties improve welfare by ensuring longer-term lending contracts, which prevents the mortgage pools from becoming disproportionately composed of the riskiest borrowers over time. Mortgages with prepayment penalties allow lenders to lower mortgage rates and extend credit to the least creditworthy, with the largest benefits going to the riskiest borrowers, who have the most incentive to refinance in response to positive credit shocks. Empirical evidence from more than 21,000 non-agency securitized fixed rate mortgages is consistent with the key predictions of our model. Our results suggest that regulations banning refinancing penalties might have the unintended consequence of restricting access to credit and raising rates for the least creditworthy borrowers.
Of Football Helmets and Bailouts
Posted: October 21, 2010 Filed under: Financial Crisis, Moral Hazard, Unintended Consequences Leave a comment »http://www.thefreemanonline.org/headline/of-football-helmets-and-bailouts/#
Government warns against global travel and/or staying at home
Posted: October 4, 2010 Filed under: Probability, Terrorism, Uncategorized, Unintended Consequences Leave a comment »Sent to you via Google Reader
Government warns against global travel and/or staying at home
Bans on Texting While Driving Actually Increases Crash Rate | Cleveland Leader
Posted: September 28, 2010 Filed under: Uncategorized, Unintended Consequences Leave a comment »http://www.clevelandleader.com/node/14820
The Impact of 9/11 on Driving Fatalities: The Other Lives Lost to Terrorism
Posted: September 11, 2010 Filed under: Terrorism, TSA, Unintended Consequences Leave a comment »http://www.news.cornell.edu/stories/March05/Sept11driving.pdf
Credit Scores, Criminal Background Checks and Hiding the Bad Apples
Posted: July 27, 2010 Filed under: Consumer Safety, Race, Unintended Consequences Leave a comment »http://www.marginalrevolution.com/marginalrevolution/2010/07/beyond-fico.html
Booze Follies
Posted: May 25, 2010 Filed under: Alcohol, Uncategorized, Unintended Consequences Leave a comment »http://corner.nationalreview.com/post/?q=MzJmYzZiYWJiNDQ4YTA1YzAzOTk5YzUzMTg2YjdjMjk%3D
USDA
Posted: March 30, 2010 Filed under: Consumer Safety, Unintended Consequences, USDA Leave a comment »“In the mid-1990s, the USDA decided to require that all cereals and grains be fortified with folic acid in an effort to prevent spina bifida and anencephaly. Then a few years ago, the National Center for Health Statistics published a study showing the levels of folic acid in the population were far above the levels needed to prevent birth defects (though the instances of those two birth defects didn’t actually decline). Now a new study demonstrates that folates in overabundance could actually lead to a higher likelihood of asthma.”
http://www.john-goodman-blog.com/the-nanny-state/
One Game Machine Per Child
Posted: March 29, 2010 Filed under: Incentives, Uncategorized, Unintended Consequences Leave a comment »Sent to you via Google Reader
One Game Machine Per Child
“Are Economists Basically Immoral?” and Other Essays on Economics, Ethics, and Religion
Posted: March 13, 2010 Filed under: Ethics, Morals, Unintended Consequences Leave a comment »“…if everyone focused on the needs of others, the results would be disastrous: the system would “come to a halt, at enormous cost to all participants if they were to act consistently on the principle of advancing the welfare of the most needy or most worthy—rather than focusing on the accomplishment of their own personal goals” (p. 33).”
http://www.independent.org/publications/tir/article.asp?a=772
NFL Overtime and Economic Policy
Posted: March 5, 2010 Filed under: Incentives, Lucas Critique, Methodology, Unintended Consequences Leave a comment »http://www.thefreemanonline.org/headline/9338429/
DO RECALLS REALLY MAKE US SAFER?
Posted: February 22, 2010 Filed under: Consumer Safety, Regulation, Unintended Consequences Leave a comment »“Rubbin’ is racin”’: evidence of the Peltzman effect from NASCAR
Posted: February 17, 2010 Filed under: Incentives, Unintended Consequences Leave a comment »Abstract The Peltzman Effect is a well known and controversial theory in the literature. Studies have struggled to find a dataset that can accurately test for the presence of the effect. We have created a unique dataset and use a natural experiment from the sport of stock car racing to test the theory. Using race-level data from NASCAR events, we find strong evidence that a major safety regulation has led to more on-track accidents and an increased risk to both spectators and pit crew members.
http://www.springerlink.com/content/l82457p170v88261/
Peltzman – Automobile Safety Regulation
Posted: February 8, 2010 Filed under: Incentives, Regulation, Unintended Consequences Leave a comment »http://ideas.repec.org/a/ucp/jpolec/v83y1975i4p677-725.html
Hayek on the Morality of the Market
Posted: February 6, 2010 Filed under: Altruism, Hayek, Ignorance, Knowledge, Markets, Morals, Quotes, Unintended Consequences Leave a comment »“The morals of the market do lead us to benefit others, not by our intending to do so, but by making us act in a manner which, nonetheless, will have just that effect. The extended order circumvents individual ignorance in a way that good intentions alone cannot do – and thereby does make our efforts altruistic in their effects.”
- F.A. Hayek, Fatal Conceit, page 81
