Are Private Prisons More Cost-Effective Than Public Prisons? A Meta-Analysis of Evaluation Research Studies

@article{Pratt1999ArePP,
  title={Are Private Prisons More Cost-Effective Than Public Prisons? A Meta-Analysis of Evaluation Research Studies},
  author={Travis C. Pratt and Jeffrey R Maahs},
  journal={Crime \& Delinquency},
  year={1999},
  volume={45},
  pages={358 - 371}
}
The need to reduce the costs of incarceration to state and federal correctional agencies has allowed the movement to privatize correctional institutions to gain considerable momentum. The empirical evidence regarding whether private prisons are more costeffective than public institutions, however, is inconclusive. To address this question, a meta-analysis was conducted of 33 cost-effectiveness evaluations of private and public prisons from 24 independent studies. The results revealed that… 
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