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Following the recent terrorist attacks in Paris, the European media emphatically pronounced that billions of euros were wiped from tourism related stocks. This comes at a troublesome time for the tourism industry, in the midst of a global financial crisis, and the unpredictable rise of radical...
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of terrorism, as well as internal and external conflict is equivalent to as much as a 30 percent tariff on trade. This is …
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When do opposition groups decide to mount a terrorism campaign and when do they enter an open civil conflict against … the ruling government? This paper models an opposition group's choice between peace, terrorism, and open conflict …. Terrorism emerges if executive constraints are intermediate and rents are sizeable. Open conflict is predicted to emerge under …
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