Artikel
The path of terror attacks
This paper derives a dynamic path of ongoing terror attacks as a function of terrorists' capacity and a target government's counterterror capacity. The analysis provides several novel insights and characterizations. First, the effect of counterterror policy is limited. Second, proactive counterterror policy affects the depreciation (fatigue) of terrorists' capacity, and defensive counterterror policy limits the worst-case scenario. Third, fluctuations in the time path of attacks are a function of terrorists' time preferences and adjustment costs of changing tactics, which are policy invariant. Indeed, in our model, the oscillations of terror attacks occur irrespective of the government's counterterror stance. Fourth, collective action inefficiencies associated with the underprovision of proactive counterterror policies and overprovision of defensive ones are further exacerbated by our finding that proactive counterterror policy is the more effective of the two. Hence, the more effective policy is underprovided.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Games ; ISSN: 2073-4336 ; Volume: 12 ; Year: 2021 ; Issue: 2 ; Pages: 1-11 ; Basel: MDPI
- Classification
-
Wirtschaft
- Subject
-
asymmetric conflict
conflict dynamics
counterterror policy
terror cycles
terror paths
- Event
-
Geistige Schöpfung
- (who)
-
Faria, João Ricardo
Arce M., Daniel G.
- Event
-
Veröffentlichung
- (who)
-
MDPI
- (where)
-
Basel
- (when)
-
2021
- DOI
-
doi:10.3390/g12020035
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Faria, João Ricardo
- Arce M., Daniel G.
- MDPI
Time of origin
- 2021
Other Objects (12)
Do terror attacks affect the Euro? Evidence from the 21st century
Sample path generation of the stochastic volatility CGMY process and its application to path-dependent option pricing
Why is civil conflict path dependent? A cultural explanation
Non-routine entrepreneurs: Another path of realizing entrepreneurial intentions
Multiperiod hedging using futures: Mean reversion and the optimal hedging path
A discrete-time approach to evaluate path-dependent derivatives in a regime-switching risk model
Are the current account imbalances on a sustainable path?
Path-independent consideration
Social pressure and environmental effects on networks: A path to cooperation
A two-period game theoretic model of zero-day attacks with stockpiling
Digital innovation adoption and its economic impact focused on path analysis at national level
The growth path of agricultural labor productivity in China: A latent growth curve model at the prefectural level
Do terror attacks affect the Euro? Evidence from the 21st century
Sample path generation of the stochastic volatility CGMY process and its application to path-dependent option pricing
Why is civil conflict path dependent? A cultural explanation
Non-routine entrepreneurs: Another path of realizing entrepreneurial intentions
Multiperiod hedging using futures: Mean reversion and the optimal hedging path
A discrete-time approach to evaluate path-dependent derivatives in a regime-switching risk model
Are the current account imbalances on a sustainable path?
Path-independent consideration
Social pressure and environmental effects on networks: A path to cooperation
A two-period game theoretic model of zero-day attacks with stockpiling
Digital innovation adoption and its economic impact focused on path analysis at national level
The growth path of agricultural labor productivity in China: A latent growth curve model at the prefectural level
Do terror attacks affect the Euro? Evidence from the 21st century
Sample path generation of the stochastic volatility CGMY process and its application to path-dependent option pricing
Why is civil conflict path dependent? A cultural explanation
Non-routine entrepreneurs: Another path of realizing entrepreneurial intentions
Multiperiod hedging using futures: Mean reversion and the optimal hedging path
A discrete-time approach to evaluate path-dependent derivatives in a regime-switching risk model
Are the current account imbalances on a sustainable path?
Path-independent consideration
Social pressure and environmental effects on networks: A path to cooperation
A two-period game theoretic model of zero-day attacks with stockpiling
Digital innovation adoption and its economic impact focused on path analysis at national level