Individual Precautions to Prevent Theft: Private Versus Socially OptimalBehavior
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A model is examined in which individuals take precautions that reduce the amount stolen if thieves enter their homes; and the amount of theft is influenced by the level of individuals' precautions. It is emphasized that the motive of individuals acting alone to take precautions may include the
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美国国家经济研究局创建时间：
1990-12-01
