A Law and Economics Perspective on Terrorism
Document Type
Article
Publication Date
1-1-2006
Abstract
This paper reviews the existing law and economics literature on crime, noting where various models might apply to the terror context. Specifically, it focuses on two strands of the literature, deterrence and incapacitation. It considers anti-terror measures enacted by different countries, highlighting how the details of the laws correspond to the insights from economic models of crime. In conclusion, the paper proposes an efficient sorting mechanism in which individuals will be provided with incentives to reveal their type to law enforcement authorities.
Keywords
Terrorism, Penalty enhancements, Communal liability, organized crime, Basic crime model, deterrence, incapacitation
Publication Title
Public Choice
Repository Citation
128 Pub. Choice 147 (2006)
DOI
https://doi.org/10.1007/s11127-006-9058-4