Discussion 12: Cost-Efficiency Evaluations, Part I

 In this module, we read about cost-efficiency evaluations, which begins with an established goal or objective, and considers which among several approaches is optimal. Mears' examples involve two pretty widespread CJ policies: community policing and private prisons.

In this week's discussion, the first of two on cost-efficiency evaluations, consider and address this question: What is the difference between a cost-effectiveness analysis and a cost-benefit analysis? Which of the two approaches seems most likely to benefit the public at large, and why?