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We report robust evidence of adverse cross-border externalities from terrorism on trade for over 160 countries from … 1976 to 2014. Terrorism in one country spills over to reduce trade in neighboring nations. These externalities arise from …
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This paper investigates the interplay of trade and terrorism externalities under free trade between a developed nation …
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In the literature of psychology and economics it is frequently observed that individuals tend to imitate similar individuals. A fundamental question is whether the outcome of such imitation can be consistent with self-interested behaviour. We propose that this consistency requires the existence...
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