Valuing the Public's Demand for Crime Prevention Programs: A Discrete Choice Experiment

Picasso, Emilio; Cohen, Mark A.

doi:10.2139/ssrn.3015649

Cited by 12 publications

(19 citation statements)

References 46 publications

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“…The use of CE for valuing policing policies was proposed in Carson and Louviere (2017). To our knowledge, Picasso and Cohen (2019) is the only academic publication that values policies to fight against crime, and this is the only article that employs the CE method to value VSL in the context of crime. It is worth mentioning that direct methods go beyond active value (lower risk for the individual or her friends and family) as they are capable of measuring the passive value (altruistic idea of a better society regardless of a personal impact).…”

Section: Valuation Of Risk To Life In the Context Of Crimementioning

confidence: 99%

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The Value of the Risk to Life in the Context of Crime

Picasso

Grand

2019

J. Benefit Cost Anal.

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The value of the risk to life is a key element for benefit-cost analysis, enabling more rational public policy decisions in diverse areas as environmental, health, and crime. We value the risk to life in the context of crime using a discrete choice experiment (CE). The method has clear advantages in that it applies to the whole population and does not require vast data from labor markets, for example. Such data are not always available even in developed economies. Combining the stated preference approach with contingent valuation (CV), CE offer advantages yet to be explored in the context of crime. We demonstrate the application in a developing economy, where similar valuations are not available. The best estimate obtained for Argentina is an average of 1.5 million in 2015 US dollars per statistical life with a confidence interval ($1.1–$2.3). This result is consistent with estimates for the developed world, after appropriate transfer. We also analyze demographic factors in the risk to life, finding a positive influence of income, risk aversion, previous victimization experience and family size on the value of a statistical life, as well as a negative impact of individualism.

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Section: Valuation Of Risk To Life In the Context Of Crimementioning

confidence: 99%

“…The value is significantly lower as expected. (The reader is referred to Picasso and Cohen (2019) for criminology discussion. )…”

Section: C3/d A/b/c1 Differencementioning

confidence: 99%

The Value of the Risk to Life in the Context of Crime

Picasso

Grand

2019

J. Benefit Cost Anal.

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“…() and Piquero and Steinberg (), who compare the public's demand for incarceration versus rehabilitation for juvenile offenders while holding constant the level of crime reduction. More recently, Picasso and Cohen () compared the public's demand for two policy approaches to reduce crime (more police or more punishment) using a discrete choice experiment where respondents choose between varying combinations of tax payments, crime reductions, and policy programs (see also Carson and Louviere, ).…”

Section: Measuring Public Opinion Support and Preferences For Crimimentioning

confidence: 99%

Victim Compensation Policy and White‐Collar Crime

Galvin

Loughran

Simpson

et al. 2018

Criminology & Public Policy

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Research Summary We use survey data from a nationally representative sample to explore public support for taxpayer‐funded victim compensation programs for financial fraud, consumer fraud, identity theft, and burglary. We use contingent valuation (willingness‐to‐pay) methodology to infer preferences for compensation programs and explore predictors of those preferences. Overall, our findings reveal that the public strongly supports the implementation of victim compensation programs. Our results also indicate, however, that this support may be driven in part by perceptions of benefiting from this program directly in the future. Additionally, a small but notable minority of respondents exhibit preferences for programs without compensation. Policy Implications Our findings suggest that the general public is supportive of restitutive compensation programs, not only as paid for by offenders but also as paid for by the government. We suggest that policy makers may seek to extend victim compensation funds to white‐collar crimes, which may otherwise be more financially damaging than traditional crimes.

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“…15 See e.g., Ludwig and Cook (2001), Cohen, Rust, Steen and Tidd (2004), Cohen (2015) and Picasso and Cohen (2017). 16 See Cohen (2010) for a review of the methodology applying contingent valuation to crime valuation, and Carson and Louviere (2017, this issue) for a discussion of how the discrete choice experiment method can be applied to crime control programs such as community policing.…”

Section: Estimating the Social Harm From A Racially Targeted Police Ementioning

confidence: 99%

The Social Cost of a Racially Targeted Police Encounter

Cohen¹

2017

J. Benefit Cost Anal.

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This paper identifies the individual components of social harm associated with a hypothetical racially targeted police encounter. Individuals who believe they are being targeted by police because they are members of a racial minority may suffer from fear of physical harm and humiliation by the encounter itself. However, the very fact that individuals will be racially targeted for a police encounter also causes harm to other members of the minority group even if they are not directly subject to an unwarranted encounter. In addition to fear and anxiety over the risk of such an encounter, they will often undertake costly avoidance behaviors to reduce their risk, or to mitigate the risk of any harm if such an encounter occurs. In addition, other members of society who value a nondiscriminatory policing policy might be willing to pay to reduce such unwarranted police encounters, and hence suffer a loss from this policing policy. In addition to discussing possible methodologies for estimating these cost components, this paper raises several issues that must be resolved -such as how to deal with the difference between perceived and actual racially targeted police encounters.

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Valuing the Public's Demand for Crime Prevention Programs: A Discrete Choice Experiment

Cited by 12 publications

References 46 publications

The Value of the Risk to Life in the Context of Crime

The Value of the Risk to Life in the Context of Crime

Victim Compensation Policy and White‐Collar Crime

The Social Cost of a Racially Targeted Police Encounter

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