tag:blogger.com,1999:blog-2830084253401570472.post5981025920529800560..comments2024-03-28T09:22:36.967+13:00Comments on Offsetting Behaviour: Those lousy kids...Eric Cramptonhttp://www.blogger.com/profile/15831696523324469713noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2830084253401570472.post-10159382690007868392010-03-07T13:49:52.076+13:002010-03-07T13:49:52.076+13:00At least I think it's based on actual accident...At least I think it's based on actual accidents.Eric Cramptonhttps://www.blogger.com/profile/15831696523324469713noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-13120570439210501152010-03-07T13:48:19.923+13:002010-03-07T13:48:19.923+13:00It's based on actual accidents. And you'r...It's based on actual accidents. And you're right: if inherent risk preference determines both drinking and accidents, then the curves are everywhere steeper than they would be if we could correct for risk preference. I'm not sure that a corrected version would push the curves downwards all that much.Eric Cramptonhttps://www.blogger.com/profile/15831696523324469713noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-15626086604782547222010-03-07T12:39:34.468+13:002010-03-07T12:39:34.468+13:00Is that graph based on actual accidents, or on sim...Is that graph based on actual accidents, or on simulator testing?<br /><br />If the former, then it isn't that valid. The kind of risk-taking behaviour that might lead someone to drive after a beer or more might also cause them to have a higher risk of accidents, irrespective of alcohol consumption.Richhttps://www.blogger.com/profile/17092996828683002246noreply@blogger.com