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Cost-Benefit Analysis and Bail Reform January 20, 2011 Christian Henrichson, Senior Policy Analyst, Cost-Benefit Analysis Unit Presentation at the National Association of Counties  (NACo) Annual Justice and Public Safety Retreat.
Outline ,[object Object]
Using CBA to evaluate justice policy and pretrial
Resources for new CBA practitioners,[object Object]
Forms of economic analysis ,[object Object]
How much does this cost?
Cost-effectiveness analysis
What is the best value for standard outputs?
Cost-benefit analysis
What provides the greatest net benefit to society?,[object Object]
A type of economic evaluation that allows you to evaluate programs and policies from the perspectives of multiples stakeholders.
A tool to identify the policies and programs that yield the greatest net benefit to society.
Measures costs and benefits.,[object Object]
Using CBA to evaluate pretrial and justice policy

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NACO Cost-Benefit and Bail Reform

  • 1. Cost-Benefit Analysis and Bail Reform January 20, 2011 Christian Henrichson, Senior Policy Analyst, Cost-Benefit Analysis Unit Presentation at the National Association of Counties (NACo) Annual Justice and Public Safety Retreat.
  • 2.
  • 3. Using CBA to evaluate justice policy and pretrial
  • 4.
  • 5.
  • 6. How much does this cost?
  • 8. What is the best value for standard outputs?
  • 10.
  • 11. A type of economic evaluation that allows you to evaluate programs and policies from the perspectives of multiples stakeholders.
  • 12. A tool to identify the policies and programs that yield the greatest net benefit to society.
  • 13.
  • 14. Using CBA to evaluate pretrial and justice policy
  • 15.
  • 16. Studies of other justice issues, however, can provide guidance on a cost-benefit analysis of pretrial.
  • 18. Taxpayer – jail savings (benefit)
  • 19. Taxpayer – cost of re-apprehension (cost)
  • 20. Defendants – freedom from release (benefit)
  • 21.
  • 22.
  • 24.
  • 25. Podcasts with experts in the field
  • 26.
  • 27.
  • 28. Additional Resources Cost-Benefit and Pre-trial Landes, William M. “The Bail System: An Economic Approach.” 1973. http://www.jstor.org/pss/724027 Cohen, Mark A.; Bowles, Roger. “Pre-Trial Detention: A Cost-Benefit Approach.” 2008. http://nicic.gov/Library/023453 Measuring Public Safety Benefits Cohen, Mark A. and Alex Piquero. (2009). New Evidence on the Monetary Value of Saving a High Risk Youth. Journal of Quantitative Criminology, Volume 25, pp. 25-49. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1077214
  • 29. Attributions This project is supported by Grant No. 2009-MU-BX K029 awarded by the Bureau of Justice Assistance. The Bureau of Justice Assistance is a component of the Office of Justice Programs, which also includes the Bureau of Justice Statistics, the National Institute of Justice, the Office of Juvenile Justice and Delinquency Prevention, the Office for Victims of Crime, the Community Capacity Development Office, and the Office of Sex Offender Sentencing, Monitoring, Apprehending, Registering, and Tracking. Points of view or opinions in this document are those of the author and do not necessarily represent the official position or policies of the U.S. Department of Justice.