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Calculating tragedy : assessing the costs of terrorism

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dc.creator Frey, Bruno S.
dc.creator Luechinger, Simon
dc.creator Stutzer, Alois
dc.date 2004
dc.date.accessioned 2013-10-16T07:00:57Z
dc.date.available 2013-10-16T07:00:57Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18705
dc.identifier ppn:477476856
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18705
dc.description The trends and consequences of terrorist activities are often captured by counting the number of incidents and casualties. More recently, the effects of terrorist acts on various aspects of the economy have been analyzed. These costs are surveyed and put in perspective. As economic consequences are only a part of the overall costs of terrorism, possible approaches for estimating the utility losses of the people affected are discussed. Results using the life satisfaction approach, in which individual utility is approximated by self-reported subjective well-being, suggest that people?s utility losses may far exceed the purely economic consequences.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1341
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject I31
dc.subject H56
dc.subject D74
dc.subject ddc:330
dc.subject terrorism
dc.subject subjective well-being
dc.subject life satisfaction
dc.subject utility loss
dc.subject Politische Gewalt
dc.subject Soziale Kosten
dc.subject Lebensqualität
dc.subject Wohlfahrtseffekt
dc.subject Theorie
dc.subject Lebenszufriedenheit
dc.title Calculating tragedy : assessing the costs of terrorism
dc.type doc-type:workingPaper


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