Justice policymakers must make tough choices with limited
resources. To help weigh their options, decision makers are increasingly
turning to cost-benefit analysis, an economic tool that compares the costs of
programs or policies with the benefits they deliver. With support from the
Bureau of Justice Assistance, the Vera Institute of Justice's Cost-Benefit
Knowledge Bank for Criminal Justice (CBKB) has released the Cost-Benefit Analysis and Justice Policy
Toolkit, which provides a step-by-step CBA guide and features
several examples from the criminal justice field. To access the toolkit, go to https://www.bja.gov/Publications/Vera-cba-justice-policy-toolkit.pdf.
Thursday, January 22, 2015
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