If individuals gain utility from activities which expose them to the risk of being a victim of crime, then a higher risk of victimisation per unit of time exposed to crime should imply a lower quantity of exposure. This hypothesis leads to the distinction between the 'real' crime rate...

The approach to reducing the current harm from the COVID-19 disease is to mandate or encourage an array of social distancing behaviors. These behaviors have the negative effects of reducing GDP, personal incomes, and increasing unemployment leading to calls for opening up the economy and thereby...