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Valuing the prevention of elder abuse

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  • Brent

Abstract

We develop a framework for valuing cases of serious elder abuse. We use the preferences of the elderly who are abused, the victims, to help identify: what offenses are of concern, the seriousness of any particular offense and the value of preventing any particular offense. The variable revealing the valuations is the victim's willingness to prosecute in New York City police complaint reports. Using our framework we found that it took a loss of $38 462 in order to be classed as a serious financial offense. With this monetary magnitude as a benchmark we were able to value nonfinancial serious offenses at up to $50 000 per offense.

Suggested Citation

  • Brent, 2015. "Valuing the prevention of elder abuse," Applied Economics, Taylor & Francis Journals, vol. 47(58), pages 6362-6373, December.
    • Handle: RePEc:taf:applec:v:47:y:2015:i:58:p:6362-6373
    DOI: 10.1080/00036846.2015.1071471
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    1. Robert J. Brent, 2014. "Cost–Benefit Analysis and Health Care Evaluations, Second Edition," Books, Edward Elgar Publishing, number 14892.
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    Cited by:

    1. Hassan, Alhassan Yosri Ibrahim & Cucculelli, Marco & Lamura, Giovanni, 2023. "Caregivers’ willingness to pay for digital support services: Comparative survey," Health Policy, Elsevier, vol. 130(C).
    2. Baser Baykal, Nur & Kilic Memur, Hale Nur & Oksuz, Sena, 2023. "“What do mothers know about child sexual abuse?”: A qualitative investigation," Children and Youth Services Review, Elsevier, vol. 144(C).

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