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social science subjects > criminology and criminal justice > criminology > sociocultural context and popular culture > financial costs and benefits of crime prevention

Preferred term

financial costs and benefits of crime prevention  

Definition

  • The financial costs and benefits of crime prevention present important issues nationally and internationally, but study of this subject remains a relatively neglected area of research. In recent years in the United States, Canada, the United Kingdom, and other industrialized nations, there has been a growing interest on the part of governments and other stakeholders in identifying the monetary value of crime prevention measures through the use of economic evaluation techniques such as benefit-cost analysis. [Source: Encyclopedia of Crime and Punishment; Financial Costs and Benefits of Crime Prevention]

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https://concepts.sagepub.com/social-science/concept/financial_costs_and_benefits_of_crime_prevention

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