Cost–benefit analysis and privatized corrections

DOIhttp://doi.org/10.1111/1745-9133.12443
Date01 May 2019
Published date01 May 2019
AuthorTravis C. Pratt
DOI: 10.1111/1745-9133.12443
RESEARCH ARTICLE
COST–BENEFIT ANALYSIS
Cost–benefit analysis and privatized corrections
Travis C. Pratt
University of Cincinnati Corrections Institute
Correspondence
TravisC. Pratt, University of Cincinnati Cor-
rectionsInstitute, University of Cincinnati.
Teachers/DyerHall, University of Cincinnati,
Cincinnati,OH 45221.
Email:pratttc@ucmail.uc.edu
Theaut hor wouldlike to thank Dan Mears and
JillTuranovic for their helpful comments on
earlierdrafts of t his article. Anything wrong
with it is clearlytheir fault.
Research Summary: Privatized corrections and cost–
benefit analyses have both been around for a long time
in American criminal justice policy and practice. Accord-
ingly, in this article, I review the cost–benefit literature
on correctional privatization with respect to three primary
issues: (1) what we know from the cost–benefit analyses
that have been conducted thus far regarding privatized cor-
rections, (2) the key gaps and challenges that should be
addressed if we are to truly understand the “social ledger”
associated with privatizing correctional services, and (3)
key lessons learned regarding the limited role that cost–
benefit analysis plays in policy discussions about punish-
ment policy.
Policy Implications: The primary implication for policy
is that, for the most part, what we know about the cost-
effectiveness of privatized corrections has been confined
to studies of private prisons. Alternatively, on balance, we
know little about the cost-effectiveness of privatized cor-
rections more generally. And even if rigorous cost–benefit
analyses did exist in larger quantities, they would still have
to face the strong ideological commitment that both propo-
nents and opponents of privatized corrections seem to hold.
KEYWORDS
corrections, cost–benefit analysis, privatization
1INTRODUCTION
Privatization and cost–benefit analyses haveboth been around for a long time in American corrections.1
The privatization of punishment, for example, dates at least back to the transportation of convicts to
North America in the eighteenth and nineteenth centuries, which created a hotbed entrepreneurial spirit
Criminology & Public Policy. 2019;18:447–456. wileyonlinelibrary.com/journal/capp © 2019 American Society of Criminology 447

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