Jan 2025

Valuing the benefits of reducing firearm violence in the United States

Philip Cook Jens Ludwig

This paper estimates the monetized value of the impact of reducing firearm violence and how that value is distributed across the population.

Gun violence imposes significant costs, but the best way to quantify these costs is controversial. In line with standard practice in economics and federal directives, we use the contingent valuation method to estimate Americans’ willingness-to-pay (WTP) to reduce gun violence. Households are willing to pay an average of $744 annually for a 20% reduction in gun violence, totaling $97.6 billion nationwide. This estimate is twice as high as a recent cost-of-injury (COI) estimate, suggesting that that method, widely used in health-policy analysis, underestimates the full societal impact of gun violence. Unlike the COI metric, WTP is not strongly correlated with demographic characteristics. The benefits of reducing gun violence are more closely associated with subjective concerns than observed victimization rates.

Related Resources
Webinar: Overview of the City of Chicago’s Violence Reduction Dashboard
Webinar

Webinar: Overview of the City of Chicago’s Violence Reduction Dashboard

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The Crime Lab hosted a webinar that explored the City of Chicago’s Violence Reduction Dashboard—a publicly available tool launched to support efforts to reduce gun violence through transparent, real-time data.

Unforgiving Places: The Unexpected Origins of American Gun Violence
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Unforgiving Places: The Unexpected Origins of American Gun Violence

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Chicago’s Violence Reduction Dashboard, launched by the Crime Lab in 2021, is featured in a toolkit created by Everytown for Gun Safety Support Fund as a part of its Gun Violence Data Fellowship.

IL Office of Firearm Violence Prevention
Data Tool

IL Office of Firearm Violence Prevention

Jul 2024

The University of Chicago Crime Lab has partnered with the Illinois Office of Firearm Violence Prevention (OFVP) in support of the OFVP’s goal to use data to focus resources. The Crime Lab prepared the following interactive map to support the RPSA Youth Development Services grantmaking process.

Latest Updates

The Best Books of 2025
Media Mention
The New Yorker
Dec 2025

The Best Books of 2025

The New Yorker includes Crime Lab Pritzker Director Jens Ludwig’s book, “Unforgiving Places: The Unexpected Origins of American Gun Violence,” on its annual list of best books of the year.

The Urban Optimist’s Holiday Gift Guide
Media Mention
Vital City
Dec 2025

The Urban Optimist’s Holiday Gift Guide

Vital City included “Unforgiving Places: The Unexpected Origins of American Gun Violence,” a book written by Crime Lab Pritzker Director Jens Ludwig, in its 2025 holiday gift guide.

Why Split-Second Thinking Fuels Violence
Podcast
Behavioral Grooves Podcast
Dec 2025

Why Split-Second Thinking Fuels Violence

Jens Ludwig, the Crime Lab’s Pritzker Director, joined the Behavioral Grooves Podcast to discuss his new book, “Unforgiving Places,” which challenges society’s most entrenched assumptions about crime and uncovers what behavioral science reveals about the real causes of violence.