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Capital Punishment Analysis

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Introduction
Capital punishment in the United States is largely viewed as retaliation and compensation against society's most malicious criminals. The federal government rarely imposes capital punishment for crimes. The majority of capital sanctions are imposed on the state level for murder. Currently, thirty-two states have death penalty statutes. Of those thirty-two, only seven states carried out executions in 2014 (Bureau of Justice Statistics 2015). Those executions total 35 (Bureau of Justice Statistics 2015). As a result of the low number of executions carried out, experts in the United States have examined the efficiency of the death penalty.
To accurately assess the economic costs of the death penalty, the difference between the costs …show more content…
The marginal cost estimates of the death penalty heavily outweigh the estimated marginal benefits. However, because there is such limited data available and values that cannot assessed to certain factors that address the benefits and costs of capital punishment, we derive at a somewhat inaccurate and uneven assessment of the economic efficiency of the death …show more content…
Many of the benefits and costs associated with the death penalty cannot easily be quantified. The deterrence theory is arguably one of the main benefits of the death penalty. However, the results of that theory are murky and mixed, at best. There is a slight marginal benefit in reducing the overcrowding in prisons. However, when that benefit is measured again the entire judicial process, it is largely insignificant. The nonuse values linked to supporter's willingness to pay may be relatively great.
The costs of the death penalty are quantified in more detail. The investigation, attorney preparation, trial, appeals process, and the actual execution of a capital case exceed the costs associated with a life imprisonment murder case. A Florida study revealed that the state spends six times as much money on a single capital case as it would to imprison a defendant until he dies (Von Drehle 1988a). False positives and nonuse values also increase the cost of capital punishment by some indefinite

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