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Deterrence In The Cold War And The 'War On Terror'

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  • David Levine
  • Robert Levine

Abstract

We examine how the theory of deterrence differs from a Cold-War type of setting to a War-on-Terror type of setting. Our central conclusion is that deterrence of terrorist states should resemble Cold War deterrence. Deterring terrorist groups is more difficult. In either case, failure of deterrence will have far less traumatic consequences than during the Cold War, unless we ourselves are overcome by fear.

Suggested Citation

  • David Levine & Robert Levine, 2006. "Deterrence In The Cold War And The 'War On Terror'," Defence and Peace Economics, Taylor & Francis Journals, vol. 17(6), pages 605-617.
  • Handle: RePEc:taf:defpea:v:17:y:2006:i:6:p:605-617
    DOI: 10.1080/10242690601025526
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    1. repec:wsi:wschap:9789812818478_0007 is not listed on IDEAS
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    4. Milgrom, Paul & Roberts, John, 1982. "Predation, reputation, and entry deterrence," Journal of Economic Theory, Elsevier, vol. 27(2), pages 280-312, August.
    5. Drew Fudenberg & David K. Levine, 2008. "Reputation And Equilibrium Selection In Games With A Patient Player," World Scientific Book Chapters,in: A Long-Run Collaboration On Long-Run Games, chapter 7, pages 123-142 World Scientific Publishing Co. Pte. Ltd..
    6. Kenneth Train, 1980. "A Structured Logit Model of Auto Ownership and Mode Choice," Review of Economic Studies, Oxford University Press, vol. 47(2), pages 357-370.
    7. Goldberg, Itzhak & Nold, Frederick C, 1980. "Does Reporting Deter Burglars?-An Empirical Analysis of Risk and Return in Crime," The Review of Economics and Statistics, MIT Press, vol. 62(3), pages 424-431, August.
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    Keywords

    Terrorism; Cold war; Game theory; Deterence; Rationality;

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