ESTIMATING THE FINANCIAL COSTS OF CRIME VICTIMIZATION
Despite reductions in U.S. crime rates in recent decades, crime victimization continues to be a pressing problem with enormous societal costs. Knowledge concerning the financial costs of crime victimization enables policymakers and practitioners to better understand the impact of victimization, more accurately estimate the return on investment of potential programs and services, and more efficiently use limited resources.
The goal of this project is to build upon previous research to design and develop a plan for a comprehensive study to assess the financial costs of victimization, both tangible and intangible. Led by JRSA, the project team includes the Urban Institute and the National Center for Victims of Crime (NCVC). We are developing a set of recommendations to define the scope of the proposed study; the research and analytic methods to be employed; and the types of victimization and financial costs to include. While the primary objective is to develop a viable approach for estimating the costs of victimization at the national level, the study also will explore possible methods for developing a toolkit that can be used to estimate the financial costs of victimization at the state level.
For more information, contact Kris Lugo at firstname.lastname@example.org
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