Comments on: Behavioral Economics and Travel http://www.howwedrive.com/2010/08/09/behavioral-economics-and-travel/ Just another WordPress weblog Wed, 23 May 2012 16:01:41 +0000 http://wordpress.org/?v=2.5.1 By: fred_dot_u http://www.howwedrive.com/2010/08/09/behavioral-economics-and-travel/#comment-16625 fred_dot_u Mon, 23 Aug 2010 19:08:22 +0000 http://www.howwedrive.com/?p=1615#comment-16625 Well said, BobL. Expand it to all drivers, all ages, and it also addresses the "elderly driver" dangers that are supposed to exist. The smartest thing I ever learned about driving was leave plenty of room. One step from that is operating at or slightly below the speed limit. It works. Well said, BobL. Expand it to all drivers, all ages, and it also addresses the “elderly driver” dangers that are supposed to exist. The smartest thing I ever learned about driving was leave plenty of room. One step from that is operating at or slightly below the speed limit. It works.

]]> By: BobL http://www.howwedrive.com/2010/08/09/behavioral-economics-and-travel/#comment-16613 BobL Mon, 23 Aug 2010 04:40:03 +0000 http://www.howwedrive.com/?p=1615#comment-16613 I agree. I've always explained to my sons that it's not just disregarding the traffic laws that causes accidents, but the laws of biology and physics. You may feel "in control" driving at 75mph 20 feet behind another vehicle, but your reaction time is not fast enough if the other vehicle were to have an unanticipated emergency: blown tire, heart attack, etc. Perhaps we should require a physics exam for new drivers... I agree. I’ve always explained to my sons that it’s not just disregarding the traffic laws that causes accidents, but the laws of biology and physics. You may feel “in control” driving at 75mph 20 feet behind another vehicle, but your reaction time is not fast enough if the other vehicle were to have an unanticipated emergency: blown tire, heart attack, etc.

Perhaps we should require a physics exam for new drivers…

]]> By: Jack http://www.howwedrive.com/2010/08/09/behavioral-economics-and-travel/#comment-16200 Jack Tue, 10 Aug 2010 15:01:21 +0000 http://www.howwedrive.com/?p=1615#comment-16200 It's not just on the road that the "illusions of control" causes unintended consequences. Our increasingly complex society depends on the "rational man" remaining in control. Alan Greenspan: “I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms... that’s precisely the reason I was shocked, because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well.” It’s not just on the road that the “illusions of control” causes unintended consequences. Our increasingly complex society depends on the “rational man” remaining in control. Alan Greenspan: “I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such as that they were best capable of protecting their own shareholders and their equity in the firms… that’s precisely the reason I was shocked, because I have been going for 40 years or more with very considerable evidence that it was working exceptionally well.”

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