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How can business cope with terrorism?

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Author Info

  • Frey, Bruno S.

Abstract

"What can business do to cope more successfully with terrorism?" The policy against terrorism available to business is a neglected issue in the scholarly literature especially in so far as individual firms rather than the business sector as a whole are concerned. Two sets of proposals are advanced, based on an economic analysis of terrorism. The first set discusses possibilities to reduce terrorists' incentives to attack business premises; the second part outlines proposals designed to minimize the costs to businesses once a terrorist attack has taken place, hence reducing the impact.

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File URL: http://www.sciencedirect.com/science/article/B6V82-4VNH3NS-1/2/587967ca58ad6c7780e16ff4d5b79688
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Bibliographic Info

Article provided by Elsevier in its journal Journal of Policy Modeling.

Volume (Year): 31 (2009)
Issue (Month): 5 (September)
Pages: 779-787

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Handle: RePEc:eee:jpolmo:v:31:y:2009:i:5:p:779-787

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Web page: http://www.elsevier.com/locate/inca/505735

Related research

Keywords: Terrorism Business Incentives Decentralization Hostages Reconstruction;

References

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  1. Laurence R. Iannaccone, 1998. "Introduction to the Economics of Religion," Journal of Economic Literature, American Economic Association, vol. 36(3), pages 1465-1495, September.
  2. Barros, Carlos Pestana & Faria, Joao Ricardo & Gil-Alana, Luis A., 2008. "Terrorism against American citizens in Africa: Related to poverty," Journal of Policy Modeling, Elsevier, vol. 30(1), pages 55-69.
  3. Ian Bellany, 2007. "Terrorism: Facts From Figures," Defence and Peace Economics, Taylor & Francis Journals, vol. 18(2), pages 101-112.
  4. Graham Bird & S. Brock Blomberg & Gregory D. Hess, 2008. "International Terrorism: Causes, Consequences and Cures," The World Economy, Wiley Blackwell, vol. 31(2), pages 255-274, 02.
  5. Barros, Carlos Pestana & Passos, Jose & Gil-Alana, Luis A., 2006. "The timing of ETA terrorist attacks," Journal of Policy Modeling, Elsevier, vol. 28(3), pages 335-346, April.
  6. Bruno S. Frey & Dominic Rohner, 2005. "Protecting Cultural Monuments Against Terrorism," CREMA Working Paper Series 2005-31, Center for Research in Economics, Management and the Arts (CREMA).
  7. Laurence R. Iannaccone, 1998. "Corrigenda [Introduction to the Economics of Religion]," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 1941-1941, December.
  8. Emizet Kisangani & E. Wayne Nafziger, 2007. "The Political Economy Of State Terror," Defence and Peace Economics, Taylor & Francis Journals, vol. 18(5), pages 405-414.
  9. Eftychia Nikolaidou, 2007. "Introduction: The Economic And Political Aspects Of State Terrorism, Defence Spending, Wars And International Conflicts," Defence and Peace Economics, Taylor & Francis Journals, vol. 18(5), pages 403-404.
  10. Carlos Pestana Barros & Isabel Proenca & Joao Ricardo Faria & Luis Gil-Alana, 2007. "Are Usa Citizens At Risk Of Terrorism In Europe?," Defence and Peace Economics, Taylor & Francis Journals, vol. 18(6), pages 495-507.
  11. Arie Perliger & Ami Pedahzur, 2006. "Coping with Suicide Attacks: Lessons from Israel," Public Money & Management, Chartered Institute of Public Finance and Accountancy, vol. 26(5), pages 281-286, November.
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Citations

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Cited by:
  1. Malik, Zahra & Zaman, Khalid, 2013. "Macroeconomic consequences of terrorism in Pakistan," Journal of Policy Modeling, Elsevier, vol. 35(6), pages 1103-1123.
  2. Raul Caruso & Friedrich Schneider, 2012. "Brutality of Jihadist Terrorism. A contest theory perspective and empirical evidence in the period 2002-2010," DISCE - Quaderni dell'Istituto di Politica Economica ispe0061, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
  3. Iatridis, George, 2012. "Terrorist attacks and company financial numbers: Evidence on earnings management and value relevance from Madrid, London and Istanbul," Research in International Business and Finance, Elsevier, vol. 26(2), pages 204-220.

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