Five-Finger Discount: Making (Behavioural) Sense out of Shoplifting
It all happens within minutes: a quick glance, a racing heart, quietly pocketing an item and walking out of a store. If you aren’t familiar with it already, shoplifting is a form of petty crime which involves taking merchandise from a store without paying for it, typically by concealing it in a personal bag, clothes, etc. Certainly, it’s not that bad, right? Picking up a pack of gum without paying for it isn’t really the same as robbing a bank, for example. One would assume that a low-stakes crime like shoplifting would not have any ramifications, but, according to Euronews, shoplifting costs the German retail sector almost €3 billion in 2024. ….[READ]
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