Arbeitspapier

The economic consequences of terrorism for the European Union

In recent years, a number of major terrorist attacks in EU member states has put the fight against homegrown and international terrorism at the top of the agenda of European policy-makers. This paper analyzes the costs of terrorism in the European Union from both a theoretical and empirical perspective in order to evaluate counter-terrorism policies by comparing their costs and benefits. Two important policy implications can be derived from our exercise. First, individuals' behavioral predispositions typically result in a biased perception of the risk of terrorism leading to too high a demand for counter-terrorism measures relative to what the objective probability of terrorist events suggests. This results in a tendency to favor repressive over preventive measures against terrorism. Second, uncoordinated European policies against terrorism have the potential to undermine the effectiveness of counter-terrorism measures. If there is a justification for the existence of the European Union (which an increasing number of populist parties in Europe seems to doubt), then it is to provide supranational answers to coordination failure in European counter-terrorism policies.

Sprache
Englisch

Erschienen in
Series: Diskussionsbeiträge ; No. 2019-02

Klassifikation
Wirtschaft
Conflict; Conflict Resolution; Alliances; Revolutions
National Security and War
Economic History: Government, War, Law, International Relations, and Regulation: Europe: 1913-
Thema
terrorism
home-grown terrorism
European Union
counter-terrorism policies
coordination failure
behavioral responses to terrorism

Ereignis
Geistige Schöpfung
(wer)
Krieger, Tim
Meierrieks, Daniel
Ereignis
Veröffentlichung
(wer)
Albert-Ludwigs-Universität Freiburg, Wilfried-Guth-Stiftungsprofessur für Ordnungs- und Wettbewerbspolitik
(wo)
Freiburg
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Krieger, Tim
  • Meierrieks, Daniel
  • Albert-Ludwigs-Universität Freiburg, Wilfried-Guth-Stiftungsprofessur für Ordnungs- und Wettbewerbspolitik

Entstanden

  • 2019

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