Trajtenberg, Manuel - In: Defence and Peace Economics 17 (2006) 3, pp. 177-199
Cold War), vis-a-vis just about 13% for intelligence and anti-terrorism. The second part examines the nature of the … terrorist threat, and develops a simple model of terrorism, cast in a nested discrete choice framework. Two strategies are … considered: fighting terrorism at its source, and protecting individual targets, which entails a negative externality …