Cost-Benefit Analysis and Crime Control

Cost-Benefit Analysis and Crime Control

Author
John K. Roman
Publisher
The Urban Institute Press
Language
English
Year
2012
ISBN
9780877667667,2010028319
File Type
epub
File Size
2.3 MiB

Criminal justice programs, to be adopted in today's climate, need demonstrate not only efficacy but return on tax dollars invested. Cost-benefit analysis, the economist's tool for determining the price of outcomes, yields a single metric that allows different interventions to be compared directly. Yet CBA is difficult, even controversial, to apply to crime control, as it involves placing monetary value on intangibles such as pain, suffering, well-being, and human life. Cost-Benefit Analysis and Crime Control guides researchers through cost collection, design of bias-free studies, measurement of effects, approaches to estimating program benefits, and methods for combining the elements into a unified analysis

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