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). |
+ | 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). |
== Related subjects == |
== Related subjects == |
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Revision as of 16:30, 21 March 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 (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).
Related subjects
The economics of terrorist and criminal behaviour relates to:
- The economic impacs of urban planning
- The economic impacts of security threats (crime & terrorism)
- The economic impacts of security measures
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