A program is economically efficient if its monetary benefits outweigh its m
onetary costs. Discussions of the economic efficiency of correctional inter
vention and other crime and offender prevention programs can be very persua
sive and have gained wide appeal in political, policy, and academic setting
s. However, little is known about the economic efficiency of crime preventi
on strategies. This article examines the contribution, both methodological
and empirical, of cost-benefit analyses of correctional intervention progra
ms designed to reduce reoffending in the community. A review of the literat
ure revealed only seven published studies that have presented information o
n monetary costs and benefits. Future cost-benefit research on correctional
intervention should be concerned with standardizing the measurement of cos
ts and benefits, especially in well-designed studies comparing experimental
and control groups with before and after measures of offending. A standard
list of monetary costs and benefits that should be measured in all studies
is needed.