I was lucky to be able to attend part of the NBER workshop on Environmental and Energy Economics at Stanford last week. My favorite was a talk by Michael Anderson of UC Berkeley. He spoke about a paper joint with Max Auffhammer, also of UC Berkeley: "Vehicle Weight, Highway Safety, and Energy Policy" Sorry, no link. The issue is one that's been talked about many times: an arms race in vehicle weight and safety. The essential problem is that the heavier my vehicle, the safer it is for me and the more dangerous it is for you. Now, if we could all commit to smaller lighter cars, we'd pay less for our cars, have better gas mileage, and be no little less safe [please excuse my exaggeration], since when it comes to car-on-car collisions, it's mainly relative size that matters. This sets up a classic prisoner's dilemma in which it's smart for one and dumb for all to buy bigger, heavier vehicles. That basic tension is pretty well known, I think. Wh