An economic approach to crime and costing methodologies
Year: 2010

In The Costs of Crime and Justice, Mark Cohen presents a comprehensive view of the financial setbacks of criminal behaviour. Victims of crime might incur medical costs, lost wages and property damage; while for some crimes pain, suffering and reduced quality of life suffered by victims far exceeds any physical damage. The government also incurs costs as the provider of mental health services, police, courts and prisons.Cohen argues that understanding the costs of crime can lead to important insi