Estimating the Economic Impacts of WMD Attacks
Estimating the Economic Impacts of WMD Attacks
This chapter reviews the growing social science and policy analysis literature that attempts to apply and extend existing economic analysis tools to terrorist attacks. The chapter is organized as follows. Section 14.1 discusses attempts to model the nationwide impact of terrorist attacks, most notably including attacks that lead to prolonged shutdowns of the U.S. border. Section 14.2 shows how spatial models can be used to trace losses at both the local level (e.g., greater Los Angeles) and across the fifty states (e.g., attacks on major seaports, theme parks). Section 14.3 addresses alternative approaches for making models more realistic. Section 14.4 reviews attempts to use other, mostly noneconomic disciplines to explore how cities would likely respond to attack and the policy prescriptions that these analyses imply.
Keywords: economic analysis, terrorist attacks, social science, policy analysis, spatial models, cities
MIT Press Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.
