This study utilizes a state-of-the-art survey methodology previously employed in the environmental, health and safety economics literatures to estimate the cost of violent crime and homicide in Buenos Aires. We demonstrate the feasibility of this method for crime cost estimation and for using...

Consumer protection and financial regulatory agencies such as the Federal Trade Commission (FTC), the Securities and Exchange Commission (SEC), and the Consumer Financial Protection Bureau (CFPB) regulate various types of consumer, investor and financial frauds. Whether required or not,...

We use survey data from a nationally representative sample to explore public support for government-run victim compensation programs for financial fraud, consumer fraud, identity theft, and burglary. We use contingent valuation (willingness to pay) methodology to infer preferences for...

This paper reports on a new methodology to estimate the "cost of crime." We adapt the contingent valuation method used in the environmental economics literature to estimate the public's willingness-to-pay for reductions in crime. In a nationally representative sample of 1300 U.S. residents, we...