On January 24, 2007, Lior Strahilevitz delivered a Chicago's Best Ideas talk on his notion that we should all be subject to a program like the "How's My Driving?" program you see on the backs of trucks. The truck program saves lives, and Professor Stahilevitz argues that in this case, more is better. Strahilevitz also hinted that this sort of communal feedback system could be used for much more than our nation's roadways. Intrinsically fascinating, and caused half the packed room to raise hands for questions. You can hear this talk here. For those who want to read the full paper and have access to SSRN, here's the link. Description from the posters after the jump.
rBefore buying a product from an eBay seller, a prospective buyer is likely to examine the seller's feedback score and peruse the comments of others who previously dealt with that merchant. A strong feedback score enables merchants to fetch more money for their products, and the fear of negative feedback helps keep the overwhelming majority of eBay sellers on their best behavior. Imagine if every driver on the roads had a similar sort of feedback score and these scores were made available to insurance companies. Would aggressive and unsafe behavior on our roadways be reduced? Could drivers and pedestrians do a better job of keeping the roadways safe than the police? Would the feedback be reliable enough? Yes, Yes, and Yes, says Professor Strahilevitz, who will elaborate on this idea and explore applications beyond the roadways.