Economical Crime Control
---- Acknowledgements -----
This is the introductory essay for the NBER volume Controlling Crime: Strategies and Tradeoffs, edited by Philip J. Cook, Jens Ludwig, and Justin McCrary (forthcoming, University of Chicago Press), which was made possible through generous support from the MacArthur Foundation and the Public Welfare Foundation. We thank Christopher Edley, Debby Leff, Jim Poterba, and Michael Stegman for making the volume conference and the book itself possible. We thank Jonathan Caulkins, John Donohue and two anonymous referees for valuable comments on an earlier draft, and to Clive Belfield and Henry Levin for their assistance with calculating the social benefits of dropout prevention. Erin Hye-Won Kim and Laura Brinkman prepared the figures. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.