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Corporate demand for insurance : an empirical analysis of the US market for catastrophe and non-catastrophe risks
Michel-Kerjan, Erwann; Raschky, Paul A.; Kunreuther, Howard - 2009
This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a unique dataset of 1,809 large U.S. corporations it provides the first empirical analysis that compares corporate demand for standard property insurance and for catastrophe coverage...
Persistent link: https://www.econbiz.de/10009733208
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A sense of no future in an uncertain present : altruism and risk-seeking among Syrian refugees in Jordan
El Bialy, Nora; Fraile Aranda, Elisa; Nicklisch, Andreas; … - 2020
An unprecedented number of refugees from Syria has sought refuge in both the Middle East andEurope since the beginning of the civil war in Syria in 2011. We analyze the level of altruism and risk-seeking among Syrian civil war victims in Jordan. We find systematic variations in their revealed...
Persistent link: https://www.econbiz.de/10012307348
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The stock market effects of Islamist versus non-Islamist terror
Jin, Gan; Karim, Md Rafiul; Schulze, Günther G. - 2024
We are the first to analyze the effect of terror on stock markets by terror ideology. Surprisingly, we find that … Islamist terror attacks created significant negative abnormal returns in American and European markets, but the stock market … effects of other terror attacks were almost nil. For our sample of all 124 terrorist attacks in the US and Europe in the …
Persistent link: https://www.econbiz.de/10014478721
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The stock market effects of Islamist versus non-Islamist terror
Jin, Gan; Karima, Md Rafiul; Schulze, Günther G. - 2024 - Electronically published: 16.1.2024
We are the first to analyze the effect of terror on stock markets by terror ideology. Surprisingly, we find that … Islamist terror attacks created significant negative abnormal returns in American and European markets, but the stock market … effects of other terror attacks were almost nil. For our sample of all 124 terrorist attacks in the US and Europe in the …
Persistent link: https://www.econbiz.de/10014481141
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"Look like the innocent flower, but be the serpent under't": mimicking behaviour of growth-oriented terrorist organizations
Hendel, Ulrich - 2012
This paper examines the interaction between a growth-oriented terrorist organization and an uninformed government based on a two-period signaling game. The terrorists, taking into account the government's counter-terrorism response to first period attacks, gain additional manpower from...
Persistent link: https://www.econbiz.de/10009656211
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Terms-of-trade and counterterrorism externalities
Bandyopadhyay, Subhayu; Sandler, Todd; Younas, Javed - 2017
This paper investigates the interplay of trade and terrorism externalities under free trade between a developed nation that exports a manufactured good to and imports a primary product from a developing nation. A terrorist organization targets both nations and reduces its attacks in response to...
Persistent link: https://www.econbiz.de/10011691593
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Military intervention via drone strikes
Mahmood, Rafat; Jetter, Michael - 2019
in Pakistan, bearing responsibility for 16 percent of all attacks or 2,964 terror deaths. Exploring mechanisms, we …
Persistent link: https://www.econbiz.de/10012005283
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On the production of victory : empirical determinants of battlefield success in modern war
Rotte, Ralph; Schmidt, Christoph M. - 2002
Using a data set of historical battles from 1600 to 1973, this paper analyzes the empirical determinants of tactical success in modern war. Based on a reduced form approach we consider key elements of military theory as factors in the production of combat success, formalized in a military...
Persistent link: https://www.econbiz.de/10011411277
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Military procurement, industry structure and regional conflict
Dunne, Paul; García-Alonso, María del Carmen; Levine, Paul - 2005
In this paper, we construct a model of market structure in the global arms industry linking concentration, military procurement, international trade and regional conflict. We show how concentration depends on the willingness of producers to import for their military needs and on the relative...
Persistent link: https://www.econbiz.de/10002626234
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Death as a measure of duration of conflict
Oğus̜, Ayla (contributor); Akdede, Sacit Hadi (contributor) - 2008
This paper argues that the number of deaths in a conflict can be a measure of duration and demonstrates that there are information gains to this approach. The well-known conflict database of International Peace Research Institute is compared with the database of Center for Systemic Peace which...
Persistent link: https://www.econbiz.de/10003753817