| Description |
1 online resource (xvii, 281 pages) : illustrations |
| Contents |
1. Introduction and overview -- 2. An economic approach to crime and costing methodologies -- 3. Victim costs -- 4. Public sector costs -- 5. Third-party costs -- 6. Costs to offenders, families, and communities -- 7. Revealed preference : market-based estimates -- 8. Stated preference approaches -- 9. Cost-effectiveness and break-even analysis -- 10. Benefit-cost analysis of crime reduction policies -- 11. White-collar and corporate crime -- 12. Cost of crime around the world |
| Summary |
"This book presents a comprehensive view of the financial and non-financial consequences of criminal behavior, crime prevention, and society's response to crime. Crime costs are far-reaching including medical costs, lost wages, property damage and pain, suffering, and reduced quality of life to victims and the public at large; police, courts, and prisons; and offenders and their families who may suffer consequences incidental to any punishment they receive for committing crime. The book provides a comprehensive economic framework and overview of the empirical methodologies used to estimate costs of crime. It provides an assessment of what is known and where the gaps in knowledge are in understanding the costs and consequences of crime. Individual chapters focus on victims, governments, as well as the public at large. Separate chapters detail the various methodologies used to estimate crime costs, while two chapters are devoted to policy analysis -- both cost-effectiveness and benefit-cost analysis. The second edition is completely updated and expanded since the first edition in 2005. All cost estimates have also been updated. In addition, due to a significant increase in the number of studies on the cost of crime, new chapters focus on the costs to offenders and their families; white-collar and corporate crime; and cost of crime estimates around the world. Understanding the costs of crime can lead to important insights and policy conclusions--both for criminal justice policy and other social ills that compete with crime for government funding. Thus, the target audience for this book includes criminologists and policy makers who are seeking to apply rigorous social science methods to assist in developing appropriate criminal justice policies. Note that the book is nontechnical and does not assume the reader is conversant in economics or statistics"-- Provided by publisher |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Mark A. Cohen holds the Justin Potter Chair in American Competitive Enterprise at the Owen Graduate School of Management, Vanderbilt University, and also holds a secondary appointment as Professor of Law at Vanderbilt. He was previously a Visiting Professor of Criminal Justice Economics at the University of York, UK, and Chairman of the American Statistical Association's Committee on Law and Justice Statistics. Professor Cohen received his PhD in Economics from Carnegie Mellon University. He is the author of more than 100 books and journal articles on crime, law, and economics |
|
Print version record |
| Subject |
Crime -- Economic aspects
|
|
Criminal justice, Administration of -- Economic aspects
|
|
Crime -- Economic aspects
|
|
Criminal justice, Administration of -- Economic aspects
|
| Form |
Electronic book
|
| LC no. |
2019049470 |
| ISBN |
9780429431562 |
|
0429431562 |
|
9780429776366 |
|
0429776365 |
|
9780429776359 |
|
0429776357 |
|
9780203313145 |
|
0203313143 |
|
9780429776342 |
|
0429776349 |
|
