Cost-Benefit Analysis for Justice Policy A Step-by-Step Guide, Part 1

This is Part 1 of a training that explains how to conduct a cost-benefit analysis (CBA) in justice policy. The training is led by economist Michael Wilson, who worked with the Oregon Criminal Justice Commission and is former director of the state's Statistical Analysis Center. Part 1 provides a detailed overview of CBA in criminal justice; explains the economics of incarceration; discusses cost estimates, probabilities of criminal justice resource use, and sentencing distributions; and defines effect size.