You might be optimistic to think that car safety regulation is designed so as to maximise consumer welfare. See eg https://pubs.aeaweb.org/doi/pdfplus/10.1257/j

You might be optimistic to think that car safety regulation is designed so as to maximise consumer welfare. See eg https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.3.233 https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.3.233