The Aggregate Cost of Crime in the United States

@article{Anderson2021TheAC,
  title={The Aggregate Cost of Crime in the United States},
  author={David A. Anderson},
  journal={The Journal of Law and Economics},
  year={2021},
  volume={64},
  pages={857 - 885}
}
  • David A. Anderson
  • Published 1 November 2021
  • Law, Sociology
  • The Journal of Law and Economics
Estimates of crime’s burden inform public and private decisions about crime-prevention measures. More than counts of criminal offenses, the aggregate cost of crime conveys the scale of problems from crime and the value of deterrence. This article offers an estimate of the total annual cost of crime in the United States, including the direct costs of law enforcement, criminal justice, and victims’ losses and the indirect costs of private deterrence, fear and agony, and time lost to avoidance and… 
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TLDR
This research quantifies crime's burden with an estimate of the annual cost of crime in the United States, which includes expenditures on private deterrence, the implicit cost of fear and agony, and the opportunity cost of time lost due to crime.

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TLDR
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