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Life Satisfaction and Individual Willingness to Pay for Crime Reduction
Manning M., Fleming C. M. and Ambrey C. L. Life satisfaction and individual willingness to pay for crime reduction, Regional Studies. This paper uses the life satisfaction approach to estimate the intangible cost of crime in the state of New South Wales, Australia. Results show that: (1) property crime is negatively associated with life satisfaction; (2) the implicit willingness to pay to decrease property crime by one offence per 1000 residents in the local government area (LGA) in the previous 12 months is A$82 per household (A$32 per person); and (3) the difference in implicit willingness-to-pay estimates when using restricted windfall income compared with household income is considerable. These results are robust to a significant number of controls.
Life Satisfaction and Individual Willingness to Pay for Crime Reduction
Manning M., Fleming C. M. and Ambrey C. L. Life satisfaction and individual willingness to pay for crime reduction, Regional Studies. This paper uses the life satisfaction approach to estimate the intangible cost of crime in the state of New South Wales, Australia. Results show that: (1) property crime is negatively associated with life satisfaction; (2) the implicit willingness to pay to decrease property crime by one offence per 1000 residents in the local government area (LGA) in the previous 12 months is A$82 per household (A$32 per person); and (3) the difference in implicit willingness-to-pay estimates when using restricted windfall income compared with household income is considerable. These results are robust to a significant number of controls.
Life Satisfaction and Individual Willingness to Pay for Crime Reduction
Manning, Matthew (author) / Fleming, Christopher M. (author) / Ambrey, Christopher L. (author)
Regional Studies ; 50 ; 2024-2039
2016-12-01
16 pages
Article (Journal)
Electronic Resource
English
Costs of crime , Property crime , Life satisfaction approach , Non-market valuation , 犯罪代价 , 财产犯罪 , 生活满意度方法 , 非市场评估 , Coûts de la criminalité , Crime contre la propriété , Approche fondée sur la satisfaction à l’égard de la vie , Évaluation du non-marchand , Kosten von Kriminalität , Eigentumskriminalität , Lebenszufriedenheitsansatz , Nicht marktbezogene Bewertung , Costes de la delincuencia , Delitos contra la propiedad , Enfoque sobre la satisfacción con la vida , Valoración no comercial , C23 , D60 , D61 , I31
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