This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

The Benefits of Reducing Gun Violence: Evidence from Contingent-Valuation Survey Data

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
 Ludwig, Jens
Cook, Philip J
Abstract

This article presents an estimate of the benefits of reducing crime using the contingent-valuation (CV) method. We focus on gun violence, a crime of growing policy concern in America. Our data come from a national survey in which we ask respondents referendum-type questions that elicit their willingness-to-pay (WTP) to reduce gun violence by 30 percent. We estimate that the public's WTP to reduce gun assaults by 30 percent equals $24.5 billion, or around $1.2 million per injury. Our estimate implies a statistical value of life that is quite consistent with those derived from other methods. Copyright 2001 by Kluwer Academic Publishers

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help file. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://journals.kluweronline.com/issn/0895-5646/contents
File Format: text/html
File Function: link to full text
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Springer in its journal Journal of Risk and Uncertainty.

Volume (Year): 22 (2001)
Issue (Month): 3 (May)
Pages: 207-26
Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Handle: RePEc:kap:jrisku:v:22:y:2001:i:3:p:207-26

Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100299

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Philip J. Cook & Jens Ludwig, 2002. "The Effects of Gun Prevalence on Burglary: Deterrence vs Inducement," NBER Working Papers 8926, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  2. Phillip J. Cook & Jens Ludwig, 2004. "The Social Costs of Gun Ownership," NBER Working Papers 10736, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Bruno S. Frey & Simon Luechinger, . "Measuring Terrorism," IEW - Working Papers iewwp171, Institute for Empirical Research in Economics - IEW. [Downloadable!]
  4. Philip J. Cook, 2008. "Assessing Urban Crime And Its Control: An Overview," NBER Working Papers 13781, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
Statistics
Access and download statistics

Did you know? IDEAS indexes over 600000 items of research in Economics alone.

This page was last updated on 2008-7-1.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.