• Publications
  • Influence
Toward a More General Theory of Regulation
  • S. Peltzman
  • Economics
  • The Journal of Law and Economics
  • 1 April 1976
In previous literature, George Stigler asserts a law of diminishing returns to group size in politics: Beyond some point it becomes counterproductive to dilute the per capita transfer. Since theExpand
Prices Rise Faster than They Fall
  • S. Peltzman
  • Economics
  • Journal of Political Economy
  • 1 June 2000
Output prices tend to respond faster to input increases than to decreases. This tendency is found in more than two of every three markets examined. It is found as frequently in producer goods marketsExpand
The Effects of Automobile Safety Regulation
  • S. Peltzman
  • Business, Economics
  • Journal of Political Economy
  • 1 August 1975
Technological studies imply that annual highway deaths would be 20 percent greater without legally mandated installation of various safety devices on automobiles. However, this literature ignoresExpand
The Impact of Product Recalls on the Wealth of Sellers
What happens to the wealth of shareholders of firms producing defective products? Our answer-for producers of drugs and autos that were recalled from the market-is that the shareholders bear largeExpand
Voters as Fiscal Conservatives
Voters penalize federal and state spending growth. This is the central result of my analysis of voting behavior in Presidential, Senatorial, and gubernatorial elections from 1950–1988. TheExpand
Constituent Interest and Congressional Voting
  • S. Peltzman
  • Political Science
  • The Journal of Law and Economics
  • 1 April 1984
THIS article shows that congressional voting behavior can be analyzed usefully with a simple principal-agent model. This model, in which political competition constrains legislative agents to serveExpand
The Economic Theory of Regulation after a Decade of Deregulation
WHAT HAS COME to be called the economic theory of regulation, or ET, began with an article by George Stigler in 1971.1 The most important element of this theory is its integration of the analysis ofExpand
Toward a More General Theory of Regulation
In previous literature, George Stigler asserts a law of diminishing returns to group size in politics: Beyond some point it becomes counterproductive to dilute the per capita transfer. Since theExpand
Pricing in Public and Private Enterprises: Electric Utilities in the United States
  • S. Peltzman
  • Business
  • The Journal of Law and Economics
  • 1 April 1971
ENTERPRISES are usually owned and operated either by groups or individuals acting in a private capacity or by groups acting for society through the State. Economists have discussed these alternativeExpand
...
1
2
3
4
5
...