The nongovernmental organization New Economy, in partnership with the UK government, recently released a database of more than 600 cost estimates. This unit cost database—available at the Centre for Social Impact Bonds—covers crime, education and skills, employment and economy, fire, health, housing, and social services. Most are national costs derived from government reports and academic studies.
NIJ seeks research strategies on costs and benefits of Sex Offender Registration and Notification Act
The National Institute of Justice is seeking innovative ways of developing strategies to measure the implementation costs and public safety benefits of the Sex Offender Registration and Notification Act (SORNA), part of the Adam Walsh Child Protection and Safety Act of 2006. The goal is to improve the effectiveness of sex offender registration and notification programs in the United States.
This month we’ll feature a series of blog posts addressing misperceptions about cost-benefit analysis (CBA). On the blog, in the CBA toolkit, and in other materials, we’ve written about some concepts that frequently confuse people or are commonly misunderstood, such as:
- Cost avoidance and cost savings are not the same.
- Taxpayer benefits don’t always result in cost savings.