Read more
The Economics of Terrorism brings clarity through economic analysis of terrorism and terrorist behaviour with focus on terrorist brutality. The author, an established academic expert, explores economic concepts, including expected utility theory and prospect theory, and applies them to problems that are important in the context of contemporary global terrorism, especially the brutality that so starkly characterises it.
List of contents
1. Contemporary Terrorism and Brutality 2. Terrorism Perpetrated by Individuals 3. Terrorist Group Brutality and the Emergence of Islamic State 4. Financing Brutality: The Rotten Kid Theorem 5. Terrorist Financing: Portfolios of fundraising and transfer methods 6. Attack Methods: How the terrorist chooses 7. Imitating the Brutality of Others 8. The Path towards Terrorism: Prudence and time delay 9. Where Will the Terrorist Attack? 10. Prospect Theory and Geographic Profiling 11. Terrorism Perpetrated by Females 12. Brutality and Survival 13. Terrorism Defines the Terrorist, Brutality Defines Terrorism
About the author
Peter J. Phillips is Associate Professor (Finance) at the University of Southern Queensland, Australia. He is the author of
In Pursuit of the Lone Wolf Terrorist. His published articles apply economic analysis to the study of terrorism, and his recent journal contributions include 'Lone Wolf Terrorism' and 'Prospect Theory and Terrorist Choice' (with Gabriela Pohl).
