U.S. Department of Justice

Of Costs and Consequences: Using Cost-Benefit Analysis in Justice Policymaking

Publication year: 2010 | Cataloged on: Dec. 20, 2011

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  • 025437

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  • 2010
  • 25 pages

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  • Of Costs and Consequences: Using Cost-Benefit Analysis in Justice Policymaking

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Thumbnail preview ANNOTATION: The use of cost-benefit analysis to compare “the economic cost with the opportunity cost of using the [criminal justice] resource” is explained (p. 6). Topics discussed during this presentation include: Vera’s Cost-Benefit Analysis Unit (CBAU); what cost-benefit analysis (CBA) is; advantages of CBA; CBA in (roughly) 5 steps; what an educated consumer wants to know; what CBA findings will not do; examples of CBA application; areas with cost-benefit studies; some cost-benefit findings; and what you can do to get started.
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