Abstract
This chapter provides an overview of the major EA techniques including cost-benefit analysis, cost-effectiveness analysis, cost-savings analysis and cost-utility analysis. These techniques provide a systematic approach for policy appraisal and produce results with a common metric for determining the optimum use of scarce resources. The chapter notes the distinctive strengths and weaknesses of the techniques outlined, giving examples of their use in relation to crime policies.
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© 2016 Matthew Manning, Shane D. Johnson, Nick Tilley, Gabriel T.W. Wong and Margarita Vorsina
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Manning, M., Johnson, S.D., Tilley, N., Wong, G.T.W., Vorsina, M. (2016). EA Techniques. In: Economic Analysis and Efficiency in Policing, Criminal Justice and Crime Reduction: What Works?. Palgrave Macmillan, London. https://doi.org/10.1057/9781137588654_4
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DOI: https://doi.org/10.1057/9781137588654_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-137-58864-7
Online ISBN: 978-1-137-58865-4
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