Back in 2012, I asked readers to pretend they were criminals and to contemplate whether they would want to rob a house with armed residents.
This “IQ test” was designed to help people understand that cost-benefit analysis applies to all types of human behavior, including criminality. Some criminals are smart and some criminals are stupid, but all of them want to get the most benefit at the lowest cost.
And, at the risk of understatement, the possibility of getting shot is definitely a potential cost.
But don’t take my word for it. A Colorado TV station has a very revealing story about burglars engaging in cost-benefit analysis.
In the dead of night, when no one is awake — that’s when it’s most likely that a burglar will break into your home. It usually happens in minutes, but of all the house on the block, the thieves picked yours. What…
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