Citation

Dolan P, Moore SC. Int. Rev. Victimology 2007; 14(2): 265-280.

Copyright

(Copyright © 2007, World Society of Victimology, Publisher SAGE Publishing)

DOI

10.1177/026975800701400206

PMID

unavailable

Abstract

An important part of the costs of crime are intangible victim costs; that is, the effects on individual well-being. Economists tend to value such costs by asking people what they would be willing to pay to avoid them (either in money terms or by giving up something else of value, like life expectancy). However, psychological research has shown that such preferences are not a very good guide to how various events impact on well-being. Recent developments in the measurement of well-being as it is experienced provide promising alternatives to preference-based methods and we discuss how these methods could be developed further to provide more robust estimates of intangible costs of crime.

Language: en