Since the turn of the century, few issues have shaped political debate and policy-making more than terrorism. As a result, there has been a huge increase in the amount of academic research devoted to investigating the causes and consequences of terrorism. The Cambridge Handbook on the Economics of Terrorism is the first to present a state-of-the art survey of the economics of terrorism. It adopts a rational-choice perspective according to which terrorists are viewed as rational economic actors and presents a framework for analyzing the causes and consequences of terrorism. It explores the causes and consequences of terrorism and shines a light on practical counterterrorism policies and their trade-offs. With contributions from many leading figures in this fast-growing and important field, this book offers an accessible yet comprehensive collection of the economic analysis of terror.
Part I. Concepts and Organizing Principles: 1. Introduction: The Economic Approach to the Analysis of Terrorism Atin Basuchoudhary and Günther G. Schulze; 2. Terrorism: What We Know, What We Don't Know, and What We Need to Know Todd Sandler and Khusrav Gaibulloev; 3. Terrorism: A Brief History William F. Shughart II; 4. Measuring Terrorism with Event Databases Gary LaFree and Michael Becker; 5. Counting Every Body – Determining the Global Burden of Terrorism and Armed Conflict Anke Hoeffler; 6. Organizing Terrorism Jacob N. Shapiro, Margaret J. Foster and David A. Siegel; 7. Theories of Terrorism Atin Basuchoudhary and Gary M. Shiffman; Part II. Determinants of Terrorism: 8. Individual Determinants of Terrorism Claude Berrebi and Owen Engel; 9. The Economics of Suicide Terrorism and the Curious Case of Sri Lanka Mia M. Bloom; 10. Economics, Psychology and Terrorism Max Taylor; 11. Lock, Stock & Barrel Reloaded Martin Gassebner and Tobias Korn; 12. Machine Learning Approaches to Understanding Global Trends and Causal Determinants of Terrorism James T. Bang and Aniruddha Mitra; 13. Migration and Terrorism Tim Krieger; 14. The Economics of Terrorism and Social Media Kweku A. Opoku-Agyemang; 15. Religion and Terrorism: The Religious Utility Hypothesis Jean-Paul Carvalho; 16. Cost Benefit Decision-Making & Lone-Actor Terrorism Paul Gill and Zoe Marchment; Part III. Consequences of Terrorism: 17. Macroeconomic Consequences of and Economic Resilience to Terrorism Daniel Meierrieks; 18. Trade Effects of Terrorism Subhayu Bandyopadhyay and Javed Younas; 19. Terror Attacks and Threats, Wars and Stock Market Volatility in the G7 Countries: A Century of Evidence from a Time-Varying Nonparametric Panel Data Model of Geopolitical Risks Elie Bouri, Oguzhan Cepni, Rangan Gupta and Naji Jalkh; 20. Tourism Valentin Klotzbücher and Günther G. Schulze; 21. Insurance Stephen Johnson; 22. Terror and its Fiscal Consequences Benedict Clements, Sanjeev Gupta, João Tovar Jalles and Saida Khamidova; 23. Terrorism, Voting Behavior, and Political Attitudes José G. Montalvo; 24. The Complex Relationship between Democracy and Terrorism Dennis M. Foster, Benjamin A. Kleinerman and Howard Sanborn; 25. Terrorism and Social Cohesion Günther G. Schulze; Part IV. Counterterrorism: 26. The Counterterrorism Policies of Deterrence and Preemption Jingxian Chen and Kevin Siqueira; 27. Game Theoretic Models Daniel Arce; 28. Offensive Counterterrorism: Lessons from Israel Efraim Benmelech; 29. War, Terrorism and Science and Technology R. E. Burnett and Carly Philpot; 30. The Financing of Terrorism Friedrich Schneider; 31. Foreign Aid as a Counterterrorism Tool Amira Jadoon; 32. Evaluating the Effectiveness of Measures to Counter Domestic Terrorism John Mueller and Mark G. Stewart; 33. Ethics of Counterterrorism Duncan Richter; Part V. Concluding Issues: 34. When is Terrorism Successful? Peter Krause; 35. Twenty-first-Century Terrorism Eli Berman.
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