by Satya P. Das (Author)
This textbook presents a systematic study of terrorism from the
standpoint of economic analysis. Choosing the kind and level of
measures to counter terror is, to a large extent, an economic decision,
as counterterrorism (CT) measures and their side effects are costly.
This text, contains theoretical models that illustrate the economic
mechanisms of different types of CT measures. A vast array of empirical
studies and regularities are also presented.
Some
chapters discuss in depth the empirical results in the literature as
well as the underlying statistical/econometric methodologies that go
beyond ordinary regression. General Appendix A provides an exposition of
the concept of compensating surplus and elements of the basic game
theory, to help the reader with an economics background recapitulate
micro theory concepts used in the book. General Appendix B lays out the
notions of hypothesis testing, regression and more advanced
statistical/econometric methods, so that the reader understands or at
least can have an intuitive idea of how the results are derived and what
they mean with some degree of inner comfort.
Aimed
at students at the intermediate undergraduate and graduate levels, the
text requires knowledge of basic micro, first-order conditions of profit
or utility maximization and cost minimization, and statistical concepts
of hypothesis testing and regression. This textbook is intended for use
in courses in economics, political science, criminal justice, and
emergency management. Additionally, professionals working with national
security in government and non-governmental organizations may find it
useful.
