Applying Intermediate Microeconomics to Terrorism

Charles Anderton and John R. Carter

The Journal of Economic Education, 2006, vol. 37, issue 4, 442-458

Abstract: The authors show how microeconomic concepts and principles are applicable to the study of terrorism. The utility maximization model provides insights into both terrorist resource allocation choices and government counterterrorism efforts, and basic game theory helps characterize the strategic interdependencies among terrorists and governments.

Date: 2006
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Working Paper: Applying Intermediate Microeconomics to Terrorism (2004)
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DOI: 10.3200/JECE.37.4.442-458

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