This note defines and analyzes the most important issues concerning decisionmaking about human-induced insecurities such as terrorism and organized crime from the perspective of a policymaker. By means of modeling the policymakers trade-o_ between the e_ectiveness and costs of policy measures targeted at reducing the threat of terrorism, we aim at helping to understand the role economic research can take to enable e_cient decisionmaking in the context of human-induced insecurities in general and terrorism in particular.
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Alberto Abadíe & Javier Gardeazábal, 2005.
"Terrorism and the World Economy,"
DFAEII Working Papers
200519, University of the Basque Country - Department of Foundations of Economic Analysis II.
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