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Cost-Benefit Analysis for Crime Prevention: Opportunity Costs, Routine Savings and Crime Externalities (From Evaluation for Crime Prevention: Crime Prevention Studies Volume 14, P 53-92, 2002, Nick Tilley, ed., -- See NCJ-195626)

NCJ Number
195628
Author(s)
John Roman; Graham Farrell
Date Published
2002
Length
40 pages
Annotation
As part of an international series on evaluating crime prevention and crime reduction policies and practices, this piece presents research on cost-benefit analyses, arguing that existing studies inadequately address situational crime prevention.
Abstract
One of a series of works in an international volume focused on the evaluation of policies and practices relating to crime prevention and crime reduction, this work proposes that the few studies that do assess cost-benefit analyses of situational crime prevention do not discuss the benefits of the situational approach. After citing studies that are making improvements in this area by using non-monetary costs in cost-benefit analysis of crime prevention, these authors assert that four additional areas need to be discussed in the field of cost-benefit analysis. Suggesting that the ideas of routine savings and routine precautions, victim and offender surpluses, theories of crime externalities, and issues of intentional absence of crime prevention need to be furthered and used, these authors claim that cost-benefit analysis of crimes can be greatly improved by expanding and operationalizing more variables for analysis. Figures, table, references, appendixes, and notes