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The opening of the National September 11th Memorial and Museum in
2014 marks a new era of reflection toward enhancing homeland
security regulation in the United States. In the context of this
new era, it is necessary to consider how policy intended to
reinforce homeland security is evaluated.Benefit-Cost Analyses for
Security Policies describes how to undertake the evaluation of
security policies within the framework of benefit cost analysis and
offers a unique contribution to analysis of homeland security
regulations in the United States. The authors outline how
established procedures for benefit-cost analysis must adapt to meet
challenges posed by current security policy, through examining
specific security related regulations. The logic of risk
assessment, selection of a discount rate, valuation of travelers'
time when delayed due to screening, valuation of changes in risks
of injury or death, and impacts of terrorist events on the economy
as a whole are among the issues discussed. An outline of the
research and policy evaluation steps needed to build robust
benefit-cost methods to evaluate security related regulations in
the future is presented in the book. A series of examples is
offered to illustrate how new security regulations should be
reassessed to ensure resources are not wasted. Policy analysts will
benefit from the insight drawn on how to evaluate homeland security
regulation in the United States. Academic researchers interested in
homeland security policy evaluation will find this book valuable
and informative. Postgraduate students of public policy or applied
economics will find examples of the challenges in using the methods
of benefit-cost analysis in this new area for policy evaluation.
Contributors include: K. Boyle, C. Dockins, S. Farrow, A. Hashemi,
M. Jones-Lee, S. Kaul, M.E. Kahn, S. Kaul, X. Li, C. Mansfield,
K.E. McConnell, A. Rose, V. K. Smith, W.K. Viscusi, W. Wheeler
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The Lost Shell
Carole Mansfield
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The Lost Shell
Carole Mansfield
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