Economics of Terrorism and Counter-Terrorism Measures: History, Theory, and Evidence

The textbook provides a systematic study of terrorism from an economic analysis perspective, discussing the choice of counterterrorism measures and their economic implications. It offers theoretical models, empirical studies, and statistical methodologies to understand the economic mechanisms of CT measures. Aimed at students and professionals in economics, political science, criminal justice, and emergency management, the text requires knowledge of microeconomics, statistical concepts, and hypothesis testing.

Format: Hardback
Length: 701 pages
Publication date: 20 July 2022
Publisher: Springer Nature Switzerland AG

This comprehensive textbook delves into the intricate realm of terrorism, offering a systematic exploration from the perspective of economic analysis. The selection and implementation of counterterrorism (CT) measures are primarily driven by economic considerations, as they involve substantial costs and potential side effects. The text encompasses theoretical models that elucidate the economic mechanisms underlying various CT strategies. Additionally, a wealth of empirical studies and patterns are presented, providing a rich tapestry of insights.

Certain chapters delve into the empirical findings in the literature, accompanied by advanced statistical and econometric methodologies that extend beyond conventional regression analysis. To assist readers with an economics background, General Appendix A offers an exposition of the concept of compensating surplus and fundamental principles of game theory. General Appendix B provides a clear understanding of hypothesis testing, regression, and more advanced statistical and econometric methods, enabling readers to grasp the underlying principles and interpretations of the results.

Designed for students at the intermediate undergraduate and graduate levels, this textbook assumes a foundational knowledge of basic microeconomics, including principles of profit or utility maximization, cost minimization, and statistical concepts of hypothesis testing and regression. Furthermore, professionals engaged in national security work within government and non-governmental organizations will find this textbook invaluable.

Weight: 1220g
Dimension: 164 x 241 x 48 (mm)
ISBN-13: 9783030965761
Edition number: 1st ed. 2022