Protecting Cultural Monuments Against Terrorism
Famous cultural monuments are often regarded as unique icons, making them an attractive target for terrorists. Despite huge military and police outlays, terrorist attacks on important monuments can hardly be avoided. We argue that an effective strategy for discouraging terrorist attacks on iconic monuments is for the government to show a firm commitment to swift reconstruction. Using a simple game-theoretic model, we demonstrate how a credible claim to rebuild any cultural monuments destroyed discourages terrorist attacks by altering the terroristsï¿½ expectations and by increasing the governmentï¿½s reputation costs if they fail to rebuild.
|Date of creation:||Dec 2005|
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- Bruno S. Frey & Simon Luechinger, . "How to Fight Terrorism: Alternatives to Deterrence," IEW - Working Papers 137, Institute for Empirical Research in Economics - University of Zurich.
- Bruno S. Frey, 2004. "Dealing with Terrorism â€“ Stick or Carrot?," Books, Edward Elgar Publishing, number 3435, June.
- Evanor Palac-McMiken, 2005. "Economic Costs and Benefits of Combating Terrorism in the Transport Sector," Asian-Pacific Economic Literature, Asia Pacific School of Economics and Government, The Australian National University, vol. 19(2), pages 60-71, 05.
- Maurice Obstfeld, 1984.
"Rational and Self-Fulfilling Balance-of-Payments Crises,"
NBER Working Papers
1486, National Bureau of Economic Research, Inc.
- Obstfeld, Maurice, 1986. "Rational and Self-fulfilling Balance-of-Payments Crises," American Economic Review, American Economic Association, vol. 76(1), pages 72-81, March.
- Mueller, Dennis C., 2004. "Rights and citizenship in a world of global terrorism," European Journal of Political Economy, Elsevier, vol. 20(2), pages 335-348, June.
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