IDEAS home Printed from https://ideas.repec.org/a/oup/oxecpp/v57y2005i4p559-585.html
   My bibliography  Save this article

Valuing the costs of violent crime: a stated preference approach

Author

Listed:
  • Giles Atkinson
  • Andrew Healey
  • Susana Mourato

Abstract

We seek to bridge some of the existing gaps in knowledge on the costs associated with the intangible impacts of crime. In doing so, we present results from the first stated preference study of crime risks in the United Kingdom as well as the first such study, more generally, to present respondents with realistic descriptions of the physical and mental health impacts of violent crime of varying severity. Our findings suggest that the costs of three officially classified (statistical) crimes are £5,300 for common assault (no injury), £31,000 for other (moderate) wounding, and £36,000 for serious wounding. Such monetary values are important in the economic appraisal of policies that seek to reduce the incidence of violent crime. Nevertheless, valuing the intangible costs of crime is a challenging task and we outline a number of problem areas that we have encountered in eliciting the economic value of reducing crime risks. Copyright 2005, Oxford University Press.

Suggested Citation

  • Giles Atkinson & Andrew Healey & Susana Mourato, 2005. "Valuing the costs of violent crime: a stated preference approach," Oxford Economic Papers, Oxford University Press, vol. 57(4), pages 559-585, October.
    • Handle: RePEc:oup:oxecpp:v:57:y:2005:i:4:p:559-585
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/oep/gpi036
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:oxecpp:v:57:y:2005:i:4:p:559-585. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/oep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.