The Economics of Robbing Banks

Wednesday 18 July 2012

Economics of Robbing Banks

Research carried out by Professor Rob Witt and Professor Neil Rickman has been causing a stir around the globe in recent weeks. The study also involved Professor Barry Reilly from the University of Sussex and was published in Significance, the magazine of the Royal Statistical Society and the American Statistical Association. The study looked at the profitability of bank robbery as well as the effectiveness of security measures taken by banks, and came to a number of interesting conclusions that have caught the eye of the world’s press. You can read a selection of the articles that have appeared here:

Mail Online; Time Magazine (Business); Los Angeles Times; Scientific American