?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.title=Quantitative+Estimates+of+the+Social+Benefits+of+Learning+1%3A+Crime+%5BWider+Benefits+of+Learning+Research+Report+No.+5%5D&rft.creator=Feinstein%2C+Leon&rft.description=The+wider+benefits+of+learning+represent+a+new+and+exciting+topic+of+study.+There+is+considerable+uncertainty+about+the+effects+of+learning+but+a+widely+held+belief+that+many+aspects+of+life+are+improved+by+education%2C+with+considerable+plausible+benefits+for+the+economy.+This+report+describes+the+available%2C+robust+quantitative+evidence+for+effects+of+learning+on+crime+and+models+the+cost+implications+of+this+evidence.+Estimations+are+made+in+terms+of+the+savings+in+the+reduced+social+cost+of+crime+if+educational+investments+were+successful.+The+report+stresses+the+importance+of+estimation+techniques+that+deal+with+confounding+factors+and+other+sources+of+bias%2C+particularly+the+selection+bias+that+results+from+the+fact+that+people+with+higher+levels+of+education+receive+benefits+that+may+be+due+to+a+common+set+of+underlying+advantages+that+influence+both+education+and+the+outcome+variables.+Econometric+techniques+are+used+to+deal+with+this+problem.+Despite+these+techniques%2C+a+great+many+assumptions+are+required+in+order+to+develop+costed+benefits+of+education+based+on+the+information+available.+These+assumptions+are+described+in+the+report+and+the+uncertainty+they+introduce+must+be+remembered+when+interpreting+the+results.+The+exercise+has+been+conducted+as+a+first+step+in+the+Wider+Benefits+of+Learning+Research+Centre+programme+of+quantitative+research.+All+conclusions+are+therefore+given+tentatively+and+thought+of+as+indicative+only.&rft.publisher=Centre+for+Research+on+the+Wider+Benefits+of+Learning%2C+Institute+of+Education%2C+University+of+London&rft.date=2002-08&rft.type=Report&rft.language=eng&rft.source=++++Centre+for+Research+on+the+Wider+Benefits+of+Learning%2C+Institute+of+Education%2C+University+of+London%3A+London.+++++&rft.format=text&rft.identifier=https%3A%2F%2Fdiscovery.ucl.ac.uk%2Fid%2Feprint%2F10018624%2F1%2FWBLResRep5.pdf&rft.identifier=https%3A%2F%2Fdiscovery.ucl.ac.uk%2Fid%2Feprint%2F10018624%2F&rft.rights=open