2020
DOI: 10.1002/pam.22272
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Appropriate Measurement and Use of “Costs of Crime” in Policy Analysis: Benefit‐cost Analysis of Criminal Justice Policies Has Come of Age

Abstract: ACCOUNTING FOR THE COSTS OF CRIME IN ASSESSING CRIMINAL JUSTICE POLICIESBenefit-cost analysis is a critical tool to support effective decisionmaking in setting public policy. Researchers who conduct benefit-cost analyses generally aim, to the extent possible, to monetize all the costs and benefits of proposed policy changes, including those that are inherently intangible, to allow for direct comparisons that support informed decisions. In this column, we address the application of benefitcost methods to assess… Show more

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Cited by 6 publications
(4 citation statements)
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“…The key question, then, is whether the benefit achieved by targeted extension of the sentences of "individuals otherwise out of social control" is outweighed by a criminogenic effect -i.e., that longer sentences will lead to increased recidivism rates. There is no straightforward answer, particularly when considering how much variation there is when quantifying benefits in cost-benefit analyses (Clear & Austin 2021;Cohen & Farrington, 2021;Zedlewski, 2009). Given what we have discussed regarding the variety of research methodologies, lack of consistency in findings, and general challenges in determining causality, it becomes less clear whether studies really do show strong evidence of a criminogenic effect resulting from longer prison sentences, in contrast to what Gascón (2020) has claimed.…”
Section: B Incapacitationmentioning
confidence: 93%
“…The key question, then, is whether the benefit achieved by targeted extension of the sentences of "individuals otherwise out of social control" is outweighed by a criminogenic effect -i.e., that longer sentences will lead to increased recidivism rates. There is no straightforward answer, particularly when considering how much variation there is when quantifying benefits in cost-benefit analyses (Clear & Austin 2021;Cohen & Farrington, 2021;Zedlewski, 2009). Given what we have discussed regarding the variety of research methodologies, lack of consistency in findings, and general challenges in determining causality, it becomes less clear whether studies really do show strong evidence of a criminogenic effect resulting from longer prison sentences, in contrast to what Gascón (2020) has claimed.…”
Section: B Incapacitationmentioning
confidence: 93%
“…The costs to victims include tangible or out-of-pocket costs (e.g., property loss or damage, medical expenses, lost wages) and intangible costs (e.g., distress, suffering, fear, lower quality of life). Assigning monetary values to intangible costs can be controversial but is necessary (see e.g., Cohen & Farrington, 2021). The most common method of estimating intangible costs is to ask people how much they are willing to pay to avoid a hazard, such as being burgled or robbed; more information about this is presented in the article by B. Raffan Gowar, David Farrington and Maria Ttofi.…”
Section: How Should a Cost-benefit Analysis Be Carried Out?mentioning
confidence: 99%
“…Assigning monetary values to intangible costs can be controversial but is necessary (see e.g. Cohen & Farrington, 2021). The most common method of estimating intangible costs is to ask people how much they are willing to pay to avoid a hazard, such as being burgled or robbed; more information about this is presented in the article by B. Raffan Gowar, David Farrington and Maria Ttofi.…”
Section: How Should a Cost-benefit Analysis Be Carried Out?mentioning
confidence: 99%