Assessing the costs and benefits of United States homeland security spending

Title: Assessing the costs and benefits of United States homeland security spending
Creator: Stewart, Mark G.; Mueller, John
Relation: Centre for Infrastructure Performance and Reliability Research Report 265.04.08
Resource Type: report
Date: 2008
Description: An assessment of increased United States federal homeland security expenditure since 2001 and expected lives saved as a result of such expenditure suggests that the annual cost ranges from $64 million to $600 million (or even more) per life saved, greatly in excess of the regulatory safety goal of $1-$10 million per life saved. As such, it clearly and dramatically fails a cost-benefit analysis. In addition, the opportunity cost of these expenditures, amounting to $32 billion per year, is considerable, and it is highly likely that far more lives would have been saved if the money (or even a portion of it) had been invested instead in a wide range of more cost-effective risk mitigation programs.
Subject: costs; benefits; United States; 2001
Identifier: uon:2074
Identifier: http://hdl.handle.net/1959.13/28112
Identifier: ISBN:9781 9207 01 98 7
Language: eng
Full Text

		Thumbnail	File	Description	Size	Format
View Details Download			ATTACHMENT01	Author final version	1 MB	Adobe Acrobat PDF	View Details Download