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This paper considers terrorism as an extortion activity. It uses tools from the theory of extortion and from conflict … theory to describe how terrorism works, why terrorism is a persistent phenomenon, why terrorism is a violent phenomenon, and … how retaliation affects the outcome. The analysis highlights the importance of information aspects and discusses some …
Persistent link: https://www.econbiz.de/10010306959
Can comparative statements be credible even when absolute statements are not? For instance, can a professor credibly rank different students for a prospective employer even if she has an incentive to exaggerate the merits of each student? Or can an analyst credibly rank different stocks even if...
Persistent link: https://www.econbiz.de/10010263292
Can comparative statements be credible even when absolute statements are not? For instance, can a professor credibly rank different students for a prospective employer even if she has an incentive to exaggerate the merits of each student? Or can an analyst credibly rank different stocks even if...
Persistent link: https://www.econbiz.de/10005795951
This paper considers terrorism as an extortion activity. It uses tools from the theory of extortion and from conflict … theory to describe how terrorism works, why terrorism is a persistent phenomenon, why terrorism is a violent phenomenon, and … how retaliation affects the outcome. The analysis highlights the importance of information aspects and discusses some …
Persistent link: https://www.econbiz.de/10014178434
Motivated by recent examples of collective effort on the war on terror, we examine the incentives that retaliation may …-specific benefits from retaliation enjoyed by each coalition member, the relatively lower spillover benefit from retaliation enjoyed by … the anticipated backlash from retaliation, which targets coalition members only. …
Persistent link: https://www.econbiz.de/10013171770
This paper examines the economic consequences of terror attacks and the channels through which terrorism affects local … randomness in the success or failure of terror attacks to identify the economic impacts of terrorism. The findings suggest that …
Persistent link: https://www.econbiz.de/10011388324
Motivated by recent examples of collective effort on the war on terror, we examine the incentives that retaliation may …-specific benefits from retaliation enjoyed by each coalition member, the relatively lower spillover benefit from retaliation enjoyed by … the anticipated backlash from retaliation, which targets coalition members only. …
Persistent link: https://www.econbiz.de/10013200158
This chapter surveys the past applications of game theory to the study of terrorism. By capturing the strategic … interplay between terrorists and targeted governments, game theory is an appropriate methodology for investigating terrorism and … indicates novel directions for applying game theory to terrorism-related issues (e.g., cooperative collectives to strengthen …
Persistent link: https://www.econbiz.de/10014024404
, terrorism, arms races, and military manpower); and chapters on topics that reflects the influence of globalization and new … threats (e.g., terrorism, trade and peace, and arms industries). Third, the chapter provides a brief overview of each chapter …
Persistent link: https://www.econbiz.de/10014024409
This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 …-American terrorism increases with external economic liberalization or decreases with higher levels of economic openness. However …, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …
Persistent link: https://www.econbiz.de/10010375158