Costs of Crime and Justice

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.

• Part I: Introduction 1. Introduction and Overview 2. Economic Approach to Crime and Costing Methodologies Part II: Bottom Up Approaches of the Cost of Crime and Justice 3. Victim Costs 4. Public Sector Costs 5. Third-Party Costs 6. Costs to Offenders, Families and Communities Part III: Methodologies for Estimating the Cost of Crime 7. Revealed Preferences – Market-Based Approaches 8. Stated Preference Approaches Part IV: Policy Analysis of Crime Control and Prevention Programs 9. Cost-Effectiveness and Break-Even Analysis 10. Benefit-Cost Analysis Part V: Special Topics in the Cost of Crime and Justice 11. White Collar & Corporate Offenses 12. Cost of Crime Estimates Around the World

"Although monetization studies are a niche area of research in criminology, the general public, media, and policy makers have a broad interest in the human and fiscal toll of crime. Professor Cohen is the unparalleled leader in monetization of crime research and The Costs of Crime and Justice, Second Edition is his masterwork." —Matt DeLisi, College of Liberal Arts and Sciences Dean’s Professor, Iowa State University; Editor-in-Chief, Journal of Criminal Justice"It is extremely important to estimate the monetary costs and benefits of programs that are intended to reduce crime, in order to decide which programs should be given priority. Mark Cohen's book is a masterly encyclopedic survey of knowledge about methods of measuring the monetary costs of crime. This book should be read by everyone who is interested in criminology and criminal justice." -- David P. Farrington, Emeritus Professor of Psychological Criminology, Cambridge University"Mark Cohen is a pioneer in applying modern economics to the measurement of the costs of crime. This book ties together decades of his work on this important topic. It is a must read for anyone wishing to seriously engage the challenges of measuring the cost of crime and punishment." -- Daniel S. Nagin, Teresa And H. John Heinz III University Professor of Public Policy and Statistics, Carnegie-Mellon University; co-editor, Criminology and Public Policy