Rahul Iyer

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would-be criminals don’t think about risk in a linear way. If the odds of getting caught doubled from 10 percent to 20 percent, people were just as likely to commit a crime. But when the odds increased from 85 percent to 95 percent, that same 10 percent boost deterred many juveniles from reoffending.
An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk
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