Applying Intermediate Microeconomics to Terrorism
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.
|Date of creation:||Dec 2004|
|Publication status:||Published in Journal of Economic Education, Vol. 37:4, Fall 2006, pp. 442-458.|
|Contact details of provider:|| Phone: (508)793-3362|
Fax: (508) 793-3708
Web page: http://www.holycross.edu/departments/economics/website/
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- Lapan, Harvey E & Sandler, Todd, 1988.
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- 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.
- Charles Anderton & John Carter, 2005. "On Rational Choice Theory And The Study Of Terrorism," Defence and Peace Economics, Taylor & Francis Journals, vol. 16(4), pages 275-282. Full references (including those not matched with items on IDEAS)
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