Book contents
- Value for Money
- Value for Money
- Copyright page
- Contents
- Foreword
- 1Introduction and Summary
- Part IMethodology
- Part IIMental Health and Employment
- Part IIIOther Areas of Policy
- 7Education and Skills
- 8Police
- 9Green Space and the Built Environment
- 10Research and Development
- 11Roads and Railways
- 12Welfare Payments and the State Pension Age
- 13Concluding Thoughts
- Our Thanks
- Appendices
- References
- Index
8 - Police
from Part III - Other Areas of Policy
Published online by Cambridge University Press: 21 October 2026
Book contents
- Value for Money
- Value for Money
- Copyright page
- Contents
- Foreword
- 1Introduction and Summary
- Part IMethodology
- Part IIMental Health and Employment
- Part IIIOther Areas of Policy
- 7Education and Skills
- 8Police
- 9Green Space and the Built Environment
- 10Research and Development
- 11Roads and Railways
- 12Welfare Payments and the State Pension Age
- 13Concluding Thoughts
- Our Thanks
- Appendices
- References
- Index
Summary
Studies of the effects of the police on crime suggest that a 1 per cent increase in local police numbers will reduce local crime by 0.5 per cent. As for the effect of crime on the wellbeing of residents, a leading British study estimated that a 0.5 per cent fall in crime would increase average life satisfaction by 0.0011 points (out of 10). In this chapter we combine these findings, calculating the BCR for one more police officer, using the Treasury approach, which values one extra point of wellbeing for one year at £15,258. The result is a healthy BCR of 12:1.
Information
- Type
- Chapter
- Information
- Value for MoneyThe New Cost-Benefit Analysis Targeting Wellbeing, pp. 81 - 84Publisher: Cambridge University PressPrint publication year: 2026
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