Valuing the public’s demand for crime prevention programs: a discrete choice experiment

Abstract: Objectives: The objectives of the study were (a) to utilize a state-of-the-art survey methodology previously employed in the environmental, health, and safety economics literatures to estimate the cost of violent crime and homicide in Buenos Aires and (b) to demonstrate the feasibility of...

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Detalles Bibliográficos
Autores principales: Picasso, Emilio, Cohen, Mark A.
Formato: Artículo
Lenguaje:Inglés
Publicado: Springer 2022
Materias:
DELITOS
RIESGO
ACEPTABILIDAD
ENCUESTAS
Acceso en línea:https://repositorio.uca.edu.ar/handle/123456789/14651
Aporte de:
Repositorio Institucional de la Universidad Católica Argentina (UCA) de Universidad Católica Argentina
id I33-R139-123456789-14651
record_format dspace
institution Universidad Católica Argentina
institution_str I-33
repository_str R-139
collection Repositorio Institucional de la Universidad Católica Argentina (UCA)
language Inglés
topic DELITOS
RIESGO
ACEPTABILIDAD
ENCUESTAS
spellingShingle DELITOS
RIESGO
ACEPTABILIDAD
ENCUESTAS
Picasso, Emilio
Cohen, Mark A.
Valuing the public’s demand for crime prevention programs: a discrete choice experiment
topic_facet DELITOS
RIESGO
ACEPTABILIDAD
ENCUESTAS
description Abstract: Objectives: The objectives of the study were (a) to utilize a state-of-the-art survey methodology previously employed in the environmental, health, and safety economics literatures to estimate the cost of violent crime and homicide in Buenos Aires and (b) to demonstrate the feasibility of this method for crime cost estimation and for using these surveys in developing countries. Methods: The study used a random sample of households from an online panel in Buenos Aires. Respondents were asked to choose among three options with factorial design varying homicide rate, violent crime rate, policy measures to reduce crime, and tax impact (with one option being status quo). Discrete choice modeling was utilized to estimate willingness-to-pay for reduction in risk of homicide and violent crime as well as independent values for two policy options. Results: The cost of homicide in Buenos Aires is estimated to be approximately $1.5 million, whereas the cost of other violent crimes (including rape, robbery, and aggravated assault) is estimated to average $2000. In addition to extending intangible crime cost estimates to Latin America, we simultaneously estimate the value of two comprehensive crime control policies, with values ranging from $600 to $700 million/year, about $12 per household per month each. Conclusion: Discrete choice experiments can be credibly adopted to estimate the cost of crime. We implement this method in a Latin American country, where the estimated costs in Buenos Ares are consistent with those found in developing countries once controlling for income differences. These subjective crime cost valuations are significantly higher than tangible crime costs and, thus, provide a significant improvement in the ability of policy makers to conduct social benefit–cost analysis.
format Artículo
author Picasso, Emilio
Cohen, Mark A.
author_facet Picasso, Emilio
Cohen, Mark A.
author_sort Picasso, Emilio
title Valuing the public’s demand for crime prevention programs: a discrete choice experiment
title_short Valuing the public’s demand for crime prevention programs: a discrete choice experiment
title_full Valuing the public’s demand for crime prevention programs: a discrete choice experiment
title_fullStr Valuing the public’s demand for crime prevention programs: a discrete choice experiment
title_full_unstemmed Valuing the public’s demand for crime prevention programs: a discrete choice experiment
title_sort valuing the public’s demand for crime prevention programs: a discrete choice experiment
publisher Springer
publishDate 2022
url https://repositorio.uca.edu.ar/handle/123456789/14651
work_keys_str_mv AT picassoemilio valuingthepublicsdemandforcrimepreventionprogramsadiscretechoiceexperiment
AT cohenmarka valuingthepublicsdemandforcrimepreventionprogramsadiscretechoiceexperiment
bdutipo_str Repositorios
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