Traffic crashes and crime both exact an immense toll from their victims and society through injury, loss of life, and property damage and loss. Informed decisions about the allocation of increasingly scarce resources require accurate information about the magnitude of these problems--not only their incidence, but also an estimation of their costs to society. The goal of the study is to identify the economic impact of traffic crashes and selected crimes. Traffic crash and selected index crime incidence data from the calendar year 1988 were obtained from the Michigan State Police and were subset by county. Costs for crashes and index crimes were generated by leading experts in the fields of economics of crime and traffic crashes. These cost estimates were applied to incidence data to create statewide and county specific costs for crashes and index crimes. Cost estimates for traffic crashes and index crimes underscore the magnitude of these problems for the State of Michigan. In 1988, traffic crashes in Michigan resulted in $2.3 billion in direct costs and $7.1 billion in total costs (using the willingness-to-pay approach). Index crimes resulted in $0.8 billion in direct costs and $2.4 billion in total costs. The distribution of traffic crash and index crime incidents and costs by type of crime and crash outcome varied across counties within the state. Incidence and cost data allow decision makers to study the unique experience of traffic crashes and index crimes in their own communities and to identify crash and crime outcomes which pose particular problems in terms of both incidence and cost.
Estimating Costs of Traffic Crashes and Index Crimes: Tools for Improved Decision Making
1990
124 pages
Report
Keine Angabe
Englisch
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