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Article
Publication date: 31 May 2011

Michael McFadden and Toni‐Lee Porter

The purpose of this paper is to assess the social impact, i.e. the estimated return to the Australian community, of Australian Federal Police (AFP) drug law enforcement effort in…

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Abstract

Purpose

The purpose of this paper is to assess the social impact, i.e. the estimated return to the Australian community, of Australian Federal Police (AFP) drug law enforcement effort in general and the relative success of specific policy initiatives.

Design/methodology/approach

Benefit‐cost analysis (BCA) was employed in the assessment of 2,716 drug investigations that took place between 2000 and 2005. Costs associated with the Australian Customs Service, the legal process and prisons were included. Benefits related to the economic estimate of reduced harm in terms of death and injury, crime, reduced productivity, and pain and suffering associated with the use of illicit drugs.

Findings

The results suggest that the Australian community receives $5.80 of benefit in terms of potential harm avoided for every dollar invested in drug law enforcement. Specific policy initiatives were found to result in higher than average returns: investigations involving domestic and international partners ($6.00 and $9.20 respectively), an emphasis on serious and complex crime ($9.20), and intelligence‐led policing ($7.90).

Research limitation/implications

The estimation of economic benefits is the most contentious area of the study. The AFP is undertaking a review of its estimation of benefits.

Originality/value

The results suggest that AFP drug law enforcement provides a positive contribution to the wellbeing of the Australian community. Furthermore, the findings indicate that specific drug law enforcement initiatives enhance the relative effectiveness of drug law enforcement in Australia. The study also provides an example to other public sector agencies of the use of BCA to determine the social impact of their policies.

Details

International Journal of Public Sector Management, vol. 24 no. 4
Type: Research Article
ISSN: 0951-3558

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Article
Publication date: 1 December 2002

Michael McFadden and Sue‐Ellen Mwesigye

Increasingly, public sector organisations, including police, are required to justify public expenditure through a variety of performance reporting regimes. This study explores the…

1496

Abstract

Increasingly, public sector organisations, including police, are required to justify public expenditure through a variety of performance reporting regimes. This study explores the potential for applying economic evaluation techniques as a reporting tool, using fraud investigations by the Australian Federal Police as an example. It was estimated that over 1999‐2000 and 2000‐2001, fraud investigations resulted in a net present value of $A298 million and a return to the government of $A6.00 for every dollar invested. Sensitivity analysis demonstrated that the positive results were robust. Potential improvements to the methodology were noted. On the basis of this study, benefit cost analysis appears to be an additional promising tool for the measurement and monitoring of police performance.

Details

Policing: An International Journal of Police Strategies & Management, vol. 25 no. 4
Type: Research Article
ISSN: 1363-951X

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Article
Publication date: 31 May 2011

Christopher Seow and Mik Wisniewski

1603

Abstract

Details

International Journal of Public Sector Management, vol. 24 no. 4
Type: Research Article
ISSN: 0951-3558

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Book part
Publication date: 6 November 2013

Ronald K. Klimberg, George P. Sillup, Kevin J. Boyle and Alyssa Beck

A common problem that many universities face, especially with their specialized programs, is coordinating faculty availability and class offerings. The schedule is usually…

Abstract

A common problem that many universities face, especially with their specialized programs, is coordinating faculty availability and class offerings. The schedule is usually developed using paper and pencil after numerous iterations. As a result, the objectives of the program, such as course integration, length of course, and student workload, are most likely compromised in lieu of faculty availability. This chapter describes a multiple objective approach to this class assignment problem that considers the program’s objectives and faculty preferences. The results of applying this class assignment model to an Executive MBA (EMBA) program are presented.

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Book part
Publication date: 30 July 1993

JERRY A. HAUSMAN, GREGORY K. LEONARD and DANIEL MCFADDEN

Abstract

Details

Contingent Valuation: A Critical Assessment
Type: Book
ISBN: 978-1-84950-860-5

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Book part
Publication date: 30 July 1993

DANIEL MCFADDEN and GREGORY K. LEONARD

Abstract

Details

Contingent Valuation: A Critical Assessment
Type: Book
ISBN: 978-1-84950-860-5

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Book part
Publication date: 1 January 2014

Rolf Aaberge and Ugo Colombino

Abstract

Details

Handbook of Microsimulation Modelling
Type: Book
ISBN: 978-1-78350-570-8

Abstract

Details

The Emerald Handbook of Work, Workplaces and Disruptive Issues in HRM
Type: Book
ISBN: 978-1-80071-780-0

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Details

Functional Structure and Approximation in Econometrics
Type: Book
ISBN: 978-0-44450-861-4

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Book part
Publication date: 21 December 2010

William Greene

Simulation-based methods and simulation-assisted estimators have greatly increased the reach of empirical applications in econometrics. The received literature includes a thick…

Abstract

Simulation-based methods and simulation-assisted estimators have greatly increased the reach of empirical applications in econometrics. The received literature includes a thick layer of theoretical studies, including landmark works by Gourieroux and Monfort (1996), McFadden and Ruud (1994), and Train (2003), and hundreds of applications. An early and still influential application of the method is Berry, Levinsohn, and Pakes's (1995) (BLP) application to the U.S. automobile market in which a market equilibrium model is cleared of latent heterogeneity by integrating the heterogeneity out of the moments in a GMM setting. BLP's methodology is a baseline technique for studying market equilibrium in empirical industrial organization. Contemporary applications involving multilayered models of heterogeneity in individual behavior such as that in Riphahn, Wambach, and Million's (2003) study of moral hazard in health insurance are also common. Computation of multivariate probabilities by using simulation methods is now a standard technique in estimating discrete choice models. The mixed logit model for modeling preferences (McFadden & Train, 2000) is now the leading edge of research in multinomial choice modeling. Finally, perhaps the most prominent application in the entire arena of simulation-based estimation is the current generation of Bayesian econometrics based on Markov Chain Monte Carlo (MCMC) methods. In this area, heretofore intractable estimators of posterior means are routinely estimated with the assistance of simulation and the Gibbs sampler.

Details

Maximum Simulated Likelihood Methods and Applications
Type: Book
ISBN: 978-0-85724-150-4

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