Economics of Terrorism

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A01=Peter J. Phillips
Arrow Pratt Measures
attack
Attack Method
attack method selection
Author_Peter J. Phillips
Category=JPWL
Category=KC
Category=KCB
Category=KCP
Category=KJ
CIA Headquarter
CRRA
economic analysis of terrorist behaviour
Economics of terrorism
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eq_business-finance-law
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eq_isMigrated=2
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eq_society-politics
Exogenous Random Variable
expected
Expected Utility Theory
Gender Difference Variables
geographic profiling analysis
group
Higher Reference Points
Individual Terrorist Groups
Logarithmic Utility
Logarithmic Utility Function
lone
Lone Wolf Terrorism
Low Reference Points
method
Opportunity Set
Political economy
Power Utility Function
Prospect Theory
prospect theory application
Prospect Theory Framework
prospects
rational choice theory
Risk assessment
risky
Risky Prospects
Security
Shooting Spree
Terrorism
terrorist
Terrorist Financing
terrorist financing models
Terrorist Group
terrorist group dynamics
Terrorist's Brutality
Terrorist's Choice
Terrorist’s Brutality
Terrorist’s Choice
utility
Utility Function
Vice Versa
wolf

Product details

  • ISBN 9781138121911
  • Weight: 476g
  • Dimensions: 156 x 234mm
  • Publication Date: 21 Mar 2016
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Brutality is the defining characteristic of terrorism. It is despairing to learn that this brutality is the outcome of purposeful, rational, human behaviour. In this purposefulness, however, there lies the key to the interpretation, explanation and understanding of terrorist behaviour. Ultimately, it is in this purposefulness that we shall also find the key to overcoming terrorism. Economic analysis highlights this purposefulness, this rationality, and in doing so provides a different perspective from which to approach the threat of terrorism and the task of pre-empting and pursuing its perpetrators. This book develops this economic perspective within a series of important contexts, each characterised by particular types of terrorist behaviour, choices and strategies.

The Economics of Terrorism brings new insights on how to deal with such challenges as the terrorist group’s choice of attack method and target location, terrorist financing and ‘copycat’ behaviour.

Peter J. Phillips is Associate Professor (Finance) at the University of Southern Queensland, Australia. He is the author of In Pursuit of the Lone Wolf Terrorist. His published articles apply economic analysis to the study of terrorism, and his recent journal contributions include ‘Lone Wolf Terrorism’ and ‘Prospect Theory and Terrorist Choice’ (with Gabriela Pohl).

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