Economic analysis and efficiency in policing, criminal justice and crime reduction: What works?
Author/editor: Manning, M, Johnson, S, Tiley, N, Wong, G & Vorsina, M.
Year published: 2015
Abstract
In recent decades, there has been growing international recognition and demand by public and private sectors that policies, programmes, and strategies, including crime prevention interventions, should be evidence informant and economically efficient. To meet this demand, a range of sophisticated quantitative and qualitative methods, drawn from various disciplines, have been introduced and applied. One of these methods is economic analysis (EA) and the various techniques within it (eg., cost-benefit analysis (CBA), cost-effectiveness analysis (CEA), cost-savings analysis (CSSA) and cost-utility analysis (CUA)).