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

Jun 2025

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
Other

Unforgiving Places: The Unexpected Origins of American Gun Violence

Apr 2025

Crime Lab Pritzker Director Jens Ludwig authored a book that argues the lack of progress in reducing gun violence ultimately stems from our having misunderstood the nature of the problem, and that behavioral science gives us a new way to understand – and solve – gun violence in America.

2025 End-of-Year Analysis: Chicago Crime Trends
Presentation

2025 End-of-Year Analysis: Chicago Crime Trends

Dec 2025

Violent crime declined substantially in 2025 across the country, including in our home city of Chicago – which experienced 168 fewer homicides through mid-December 2025 compared to the same period last year.

Local Gun Violence Dashboards
Data Tool

Local Gun Violence Dashboards

Jan 2025

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.

Latest Updates

UChicago Crime Lab’s Policing Leadership Academy Informs First-Ever Bipartisan Federal Legislation to Expand Commander-Level Law Enforcement Training
Press Release
UChicago Crime Lab
May 2026

UChicago Crime Lab’s Policing Leadership Academy Informs First-Ever Bipartisan Federal Legislation to Expand Commander-Level Law Enforcement Training

Bipartisan Promoting Police Leadership Act, introduced by Senators Cornyn and Whitehouse, draws on UChicago model to set national standards

Second City is serious about using improv to train police leaders
Media Mention
Crain's Chicago Business
Apr 2026

Second City is serious about using improv to train police leaders

Steve Hendershot for Crain’s Chicago Business joined an improv workshop hosted by The Second City for participants of our Policing Leadership Academy (PLA), where they build the skills that make great leaders: active listening, mental agility, putting aside assumptions, and communicating under pressure.

University of Chicago Economist Jens Ludwig Testifies on Violence Reduction Research Before Illinois House Committee
Press Release
UChicago Crime Lab
Apr 2026

University of Chicago Economist Jens Ludwig Testifies on Violence Reduction Research Before Illinois House Committee

The Illinois House Gun Violence Prevention Committee will today hear testimony from Dr. Jens Ludwig, who will detail violence reduction strategies from his book, “Unforgiving Places: The Unexpected Origins of American Gun Violence.”