Difference between revisions of "The economics of criminal and terrorist behaviour"

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* The [[The economics of terrorist behaviour|economics of terrorist behaviour]].
 
* The [[The economics of terrorist behaviour|economics of terrorist behaviour]].
   
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Economic theory is based on the assumption that criminals and terrorists (even suicidal bombers) behave like [[homo economicus|“rational” economic agents]], which implies that they face a well defined set of preferences, and will select their preferred choice of action to maximize their [[utility]] within a given resource restraint (Enders and Sandler, 2006) . Consequently, economic theory predicts that a change in the relative price (due to for example security measures) will result in a shift of criminal and terrorist action towards the relatively cheaper activity (legal or not legal).
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Economic theory is based on the assumption that criminals and terrorists (even suicidal bombers) behave like [[homo economicus|“rational” economic agents]], which implies that they face a well defined set of preferences, and will select their preferred choice of action to maximize their [[utility]] within a given resource restraint<ref> Enders and Sandler (2006)</ref>. Consequently, economic theory predicts that a change in the relative price (due to for example security measures) will result in a shift of criminal and terrorist action towards the relatively cheaper activity (legal or not legal).
   
 
== Related subjects ==
  
== Related subjects ==

Revision as of 12:35, 4 May 2012

The economics of criminal and terrorist behaviour

Economic scholars have analyzed:

Economic theory is based on the assumption that criminals and terrorists (even suicidal bombers) behave like “rational” economic agents, which implies that they face a well defined set of preferences, and will select their preferred choice of action to maximize their utility within a given resource restraint[1]. Consequently, economic theory predicts that a change in the relative price (due to for example security measures) will result in a shift of criminal and terrorist action towards the relatively cheaper activity (legal or not legal).

Related subjects

The economics of terrorist and criminal behaviour relates to:

  1. The economic impacts of security threats (crime & terrorism)
  2. The economic impacts of security measures

For other related subjects, see the clickable map below:

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  1. ↑ Enders and Sandler (2006)
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