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Applying Intermediate Microeconomics to Terrorism

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Author Info
Charles H. Anderton () (College of the Holy Cross)
John R. Carter (College of the Holy Cross)
Abstract

The authors show how microeconomic concepts and principles are applicable to the study of terrorism. The utility maximization model provides insights into both terrorist resource allocation choices and government counterterrorism efforts, and basic game theory helps characterize the strategic interdependencies among terrorists and governments.

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Publisher Info
Article provided by Helen Dwight Reid Foundation in its journal The Journal of Economic Education.

Volume (Year): 37 (2006)
Issue (Month): 4 ()
Pages: 442-458
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Handle: RePEc:jee:journl:v:37:y:2006:i:4:p:442-458

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Related research
Keywords: chicken game; game theory; income and substitution effects; prisoners’ dilemma; public goods; rational choice model; Slutsky equation; terrorism;

Find related papers by JEL classification:
A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Sandler, Todd & Enders, Walter, 2004. "An economic perspective on transnational terrorism," European Journal of Political Economy, Elsevier, vol. 20(2), pages 301-316, June. [Downloadable!] (restricted)
  2. Lapan, Harvey E. & Sandler, Todd, 2003. "To Bargain or Not to Bargain: That is the Question," Staff General Research Papers 10817, Iowa State University, Department of Economics.
    Other versions:
  3. João Ricardo Faria & Daniel Arce M., 2005. "Terror Support And Recruitment," Defence and Peace Economics, Taylor and Francis Journals, vol. 16(4), pages 263-273, August. [Downloadable!] (restricted)
  4. Lee, Dwight R, 1988. "Free Riding and Paid Riding in the Fight against Terrorism," American Economic Review, American Economic Association, vol. 78(2), pages 22-26, May. [Downloadable!] (restricted)
  5. Bruno S. Frey & Simon Luechinger, . "How to Fight Terrorism: Alternatives to Deterrence," IEW - Working Papers iewwp137, Institute for Empirical Research in Economics - IEW. [Downloadable!]
  6. Charles Anderton & John Carter, 2005. "On Rational Choice Theory And The Study Of Terrorism," Defence and Peace Economics, Taylor and Francis Journals, vol. 16(4), pages 275-282, August. [Downloadable!] (restricted)
  7. Todd Sandler, 2003. "Collective Action and Transnational Terrorism," The World Economy, Blackwell Publishing, vol. 26(6), pages 779-802, 06. [Downloadable!] (restricted)
  8. Daniel G. Arce M. & Todd Sandler, 2003. "An Evolutionary Game Approach to Fundamentalism and Conflict," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 159(1), pages 132-, March.
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