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Bagel Theft

Twenty years ago an economist got tired of his regular job and started selling bagels. In the morning, he would leave his bagels at offices alongside an honor-box. In the afternoon, he would pick up the leftovers and the payments. Being an economist he kept volumes of data on bagels eaten and payments made allowing him to deduce when and where people were the most dishonest.

Steve Levitt and journalist Steve Dubner write about "Paul F.'s" findings in the New York Times Magazine. Some of the results:

Theft declined 15 percent after 9/11.

People are more honest when the weather is especially good and more dishonest when the weather especially bad.

Smaller offices have lower crime rates, just like smaller cities.

Theft is high near Christmas.

Here's the byline to the article:

Stephen J. Dubner, an author and journalist in New York City, and Steven D. Levitt, an economist at the University of Chicago, are writing a book about the economics of baby names, cheating, crack dealing and real estate.

Which leads me to wonder, what do these things have in common!

Posted by Alex Tabarrok on June 8, 2004 at 07:39 AM in Economics | Permalink

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Listed below are links to weblogs that reference Bagel Theft:

» Blogroll Addition from Brutal Hugs
From Vice Squad's blogroll, I discovered Marginal Revolution, an well-written and interesting economic-minded blog. Today, they link to a fascinating NYT Magazine article on bagel thievery. Trends in bagel theft reveal some interesting behavior about p... [Read More]

Tracked on Jun 9, 2004 12:23:49 PM

» Blogroll Addition from Brutal Hugs
From Vice Squad's blogroll, I discovered Marginal Revolution, an well-written and interesting economic-minded blog. Today, they link to a fascinating NYT Magazine article on bagel thievery. Trends in bagel theft reveal some interesting behavior about p... [Read More]

Tracked on Jun 9, 2004 12:29:21 PM

» Bagel margins from slowmath
I love incidental epic studies like this former economist's honor-system bagel delivery service, where a situation is boiled down to its practical economic and moral essentials and played out in the wild for 20 years. It's not the shrewdest arrangement... [Read More]

Tracked on Jun 13, 2004 6:36:28 AM

» Bagel margins from slowmath
I love incidental epic studies like this former economist's honor-system bagel delivery service, where a situation is boiled down to its practical economic and ethical essentials and played out in the wild for 20 years. It's not the shrewdest arrangeme... [Read More]

Tracked on Jun 13, 2004 3:05:31 PM

» Bagel margins from slowmath
I love incidental epic studies like this former economist's honor-system bagel delivery service, where some practical economic ethical situation is boiled down to the important parts and played out in the wild for 20 years. It's not the shrewdest arran... [Read More]

Tracked on Jun 14, 2004 2:49:18 AM

» Bagel margins from slowmath
I love incidental epic studies like this former economist's honor-system bagel delivery service, where some practical economic ethical situation is boiled down to the important parts and played out in the wild for 20 years. It's not the shrewdest arran... [Read More]

Tracked on Jun 14, 2004 2:52:11 AM