Posts tagged risk aversion
The Risk of Staying in the Safe Lane

For our recent family road trip, my wife and I went with our children for two days of sightseeing in nearby cities. In total, we spent around ten hours in the car, mostly on 3 lane highways and predominantly at night, with little roadside scenery to take in. This gave me, the sole driver, plenty of time to observe my road-mates.

For the most part, the other drivers on the road followed the standard script. Those in the right lane were the slowest, with lots of folks occupying that lane temporarily to enter or exit the road. Drivers in the center lane were the majority. They maintained a healthy, predictable speed and were largely content to keep their place in line. Then there were the left-laners. These folks were the most aggressive, clocking in at the highest speeds. They would also weave in and out of lanes in order to improve their position and arrival times.

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