IDEAS home Printed from https://ideas.repec.org/a/bpj/johsem/v5y2008i1p22n31.html
   My bibliography  Save this article

Simulating the Economic Impacts of a Hypothetical Bio-Terrorist Attack: A Sports Stadium Case

Author

Listed:
  • Lee Bumsoo

    (University of Illinois at Urbana-Champaign)

  • Gordon Peter

    (University of Southern California)

  • Moore James E

    (University of Southern California)

  • Richardson Harry W.

    (University of Southern California)

Abstract

The purpose of this paper is two-fold. First, we suggest an analytical framework to study the full economic impacts of hypothetical bio-terrorist attacks on various targets. We particularly emphasize the importance of estimating economic impacts that occur through systems and behavior linkages beyond direct losses. Second, we provide a case study that analyzes the economic impacts of an attack on a major league sports stadium. The estimated loss from the stadium attack ranges from $62 billion to $73 billion. The largest loss comes from the loss of lives, followed by the reduced demand for sports stadium visits. We demonstrate that available off-the-shelf impact models (in this case IMPLAN) can be utilized, via the development of detailed but plausible scenarios grounded in available data and literature.

Suggested Citation

  • Lee Bumsoo & Gordon Peter & Moore James E & Richardson Harry W., 2008. "Simulating the Economic Impacts of a Hypothetical Bio-Terrorist Attack: A Sports Stadium Case," Journal of Homeland Security and Emergency Management, De Gruyter, vol. 5(1), pages 1-22, August.
    • Handle: RePEc:bpj:johsem:v:5:y:2008:i:1:p:22:n:31
    DOI: 10.2202/1547-7355.1437
    as

    Download full text from publisher

    File URL: https://doi.org/10.2202/1547-7355.1437
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.2202/1547-7355.1437?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:johsem:v:5:y:2008:i:1:p:22:n:31. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.