Suicide attack is the most virulent and horrifying form of terrorism in the world today. The mere rumor of an impending … majority of all terrorism-related casualties, and the rate of attacks is rising rapidly across the globe. During 2000 … carried out by Islamist groups claiming religious motivation, also known as jihadis. Rand Corp. vice president and terrorism …

standard property insurance and for catastrophe coverage (here, terrorism). We find that larger companies are more likely to … insurance for non-catastrophe risks. This result differs from the findings on individual demand for insurance. The terrorism … price elasticity of the demand for terrorism insurance is half in this area relative to the rest of the country. …

In 1940 Schumpeter wrote a paper entitled: "The Meaning of Rationality in the Social Sciences", which was intended to …, that he took the initiative to start. In this paper Schumpeter develops thoroughly his own conception of rationality in … indeed interestingly anticipates some important debates concerning the problem of rationality and behavior in economics and …

This paper focuses on the link between the economic conceptions of rationality and learning. Traditionally, most … is not the process of learning, but the result of learning: ‘a fully rational agent'. Heterodox rationality conceptions … such as the Simonian model of bounded rationality seem more compatible with the idea of learning. Bounded rationality …

The purpose of this paper is twofold. We first point out that violation of rationality axioms (SARP, GARP, WARP) do not …

Facing R. Sugden's criticism of our interpretation, it is shown in this paper that rationality appears as a possible … rationality through which Hume's theory is apprehended, is highly disputable, from the point of view of both standard choice … theory and Hume's theory of passions. Nonetheless, Sugden's criterion of rationality might be restated in Humean terms as a …