Posted by Todd Zywicki:
THE CELL PHONE, MAYBE NOT-SO-MENACE:

   [1]Larry Ribstein notes that the evidence remains somewhat ambiguous
   on the effects of driving while talking on a cell phone. In
   particular, as Larry suggests and I should have acknowledged more
   explicitly in [2]my initial post, any costs associated with cell phone
   use should be balanced against the benefits, especially in terms of
   potential social wealth increases. Thus, even if there are costs, if
   they are small relative to the benefits, then a ban would be
   inefficient. If we assume for the sake of argument that there is some
   cost, it is probably basically the same cost regardless of whether the
   driver is doing high-value work while driving or low-value work. A
   rule-based solution of a complete ban, therefore, is almost certainly
   inefficient (unless it is a second-best solution). If there are costs,
   the optimal regulatory solution would be to permit high-value
   conversations and stop low-value conversations while driving, but a
   standard that permitted high-value and banned low-value conversations
   would be unworkable. Given that neither of these alternatives seems
   ideal, I suggest the possibility of a norms-based solution that tries
   to encourage people to self-regulate between high and low value phone
   calls. There may be other ideas out there on how to sort high-value
   from low-value, if so, please email me and I'll post any good ideas
   that come my way.
   Of course, as Larry notes, the evidence may show that the costs may be
   trivial, or nonexistent, or dramatically reduced by hands-free
   devices, in which case the overwhelming number of calls would have
   positive social value and there would be no problem.

References

   1. http://busmovie.typepad.com/ideoblog/2004/08/cellphones_agai.html
   2. http://volokh.com/archives/archive_2004_08_28.shtml#1093703925

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