Exploring the dynamics between terrorism and anti-terror spending: Theory and UK-evidence

▶ Game theoretic model of the relationship between terrorism and anti-terror spending. ▶ Non-linear relation between terrorism and counter-terrorism spending. ▶ Empirical Markov-switching model with UK data provides evidence in favor of this approach. ▶ Probability of transiting into a state with hi...

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Veröffentlicht in:	Journal of economic behavior & organization 2011-02, Vol.77 (2), p.189-202
Hauptverfasser:	Peren Arin, K., Lorz, Oliver, Reich, Otto F.M., Spagnolo, Nicola
Format:	Artikel
Sprache:	eng
Schlagworte:	Correlation analysis Defense spending Defense spending Markov switching Terrorism Economic models Expenditure Freedom Game theory Government spending Markov analysis Markov switching Studies Terrorism Terrorists
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