Occasional musings about academia, research, travel, arts, and, most importantly, cycling.
Sunday, September 23, 2012
The Economics of Bicycle Theft
Here, at the Priceonomics Blog. Stolen bikes are not particularly lucrative, so the key seems to be the low cost, especially risk of detection, of the enterprise. This is why, when I commute to school, I always carry my bike into my office. I would not leave anything but a beater locked to an outdoor bike rack.