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Applying Intermediate Microeconomics to Terrorism

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Author Info
Charles Anderton () (Department of Economics, College of the Holy Cross)
John Carter () (Department of Economics, 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, while basic game theory helps characterize the strategic interdependencies among terrorists and governments.

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File URL: http://www.holycross.edu/departments/economics/RePEc/Anderton_Terrorism.pdf
File Format: application/pdf
File Function: Original paper written in August 2004
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Publisher Info
Paper provided by College of the Holy Cross, Department of Economics in its series Working Papers with number 0412.

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Length: 37 pages
Date of creation: Dec 2004
Date of revision:
Publication status: Published in Journal of Economic Education, Vol. 37:4, Fall 2006, pp. 442-458.
Handle: RePEc:hcx:wpaper:0412

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Web page: http://www.holycross.edu/departments/economics/website/
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Related research
Keywords: terrorism; rational choice model; income and substitution effects; Slutsky equation; game theory; prisoners’ dilemma; chicken; public goods;

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
C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War

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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. Bruno S. Frey & Simon Luechinger, . "How to Fight Terrorism: Alternatives to Deterrence," IEW - Working Papers iewwp137, Institute for Empirical Research in Economics - IEW. [Downloadable!]
  2. Alan B. Krueger & Jitka Maleckova, 2003. "Education, Poverty and Terrorism: Is There a Causal Connection?," Journal of Economic Perspectives, American Economic Association, vol. 17(4), pages 119-144, Fall. [Downloadable!] (restricted)
  3. Enders, Walter & Sandler, Todd, 1995. "Terrorism: Theory and applications," Handbook of Defense Economics, in: Keith Hartley & Todd Sandler (ed.), Handbook of Defense Economics, edition 1, volume 1, chapter 9, pages 213-249 Elsevier. [Downloadable!] (restricted)
  4. Todd Sandler & Kevin Siqueira, 2006. "Global terrorism: deterrence versus pre-emption," Canadian Journal of Economics, Canadian Economics Association, vol. 39(4), pages 1370-1387, November. [Downloadable!] (restricted)
  5. 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)
  6. Lapan, Harvey E & Sandler, Todd, 1988. "To Bargain or Not to Bargain: That Is the Question," American Economic Review, American Economic Association, vol. 78(2), pages 16-21, May. [Downloadable!] (restricted)
    Other versions:
  7. Todd Sandler, 2003. "Collective Action and Transnational Terrorism," The World Economy, Blackwell Publishing, vol. 26(6), pages 779-802, 06. [Downloadable!] (restricted)
  8. 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)
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