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Revision as of 14:42, 4 May 2012
Contents
The economics of criminal and terrorist behaviour
Economic scholars distinguish:
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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:
- The economic impacts of security threats (crime & terrorism)
- The economic impacts of security measures
For other related subjects, see the clickable map below:
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Footnotes and references
- ↑ Enders and Sandler (2006)
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