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THREE STRATEGIES TO DEAL WITH TERRORISM
Author(s) -
FREY BRUNO S.,
LUECHINGER SIMON
Publication year - 2008
Publication title -
economic papers: a journal of applied economics and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.245
H-Index - 19
eISSN - 1759-3441
pISSN - 0812-0439
DOI - 10.1111/j.1759-3441.2008.tb01030.x
Subject(s) - terrorism , deterrence theory , politics , democracy , element (criminal law) , political science , deterrence (psychology) , cost–benefit analysis , economics , computer security , political economy , law and economics , business , law , computer science
Deterrence has been a crucial element in fighting terrorism. An economic analysis of terrorism also points to alternative and potentially superior policies. We suggest three policies that can well be integrated into existing constitutions of democratic and rule‐based countries. Two policies are based on diminishing the benefits of committing terrorist acts for prospective terrorists. This can be done by decentralising various parts of society or by diverting attention from terrorists, once a terrorist act has been committed. A third policy is to raise the relative costs of terrorism by lowering the costs of non‐violent means for pursuing political goals.