Notes on Valuing the Cost of Crime

AI disclosure – I used AI to write this blog post. I figure having an AI blog post is better than not writing it at all. I will always disclose though if I use AI to heavily write any content on this blog. (I use it for minor copy editing all the time.) For the tech details, I used gemini flash 3.5 with medium reasoning in the Antigravity IDE, using the same advice I said in this blog post. (Minor preference to Claude Code for writing blog posts for those who care.) It is the outline of the thread I did on X (which I wrote entirely by hand). Using this approach, e.g. I give a detailed outline and prior examples, Pangram says this is only lightly AI assisted. Notes on Valuing the Cost of Crime We often hear eye-popping figures about the “cost of crime.” For example, that a single aggravated assault costs society $100,000, or that a statistical life is worth $10 million. But if you look under the hood of these estimates, they are built on a house of cards: Willingness-to-Pay (WTP)…