Welfare Costs of Crime and Common Violence: A Critical Review

Rodrigo Soares

No 581, Textos para discussão from Department of Economics PUC-Rio (Brazil)

Abstract: This paper critically reviews a vast array of literature on the costs of crime and common violence. Using a simple economic model of crime as a theoretical benchmark, we conceptually discuss the estimates available and their potential use as inputs for public policy. We present current methodologies, explore their main results, discuss their limitations, and suggest directions for further research.

Keywords: crime; violence; welfare; costs; contingent valuation; willingness to pay JEL codes: K42; O17; O57 (search for similar items in EconPapers)
Pages: 39p
Date: 2010-10
New Economics Papers: this item is included in nep-law
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:rio:texdis:581

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