A law and economics perspective on terrorism

Nuno Garoupa; Jonathan Klick; Francesco Parisi

doi:10.1007/s11127-006-9058-4

A law and economics perspective on terrorism

Nuno Garoupa
, Jonathan Klick
, Francesco Parisi

Academics (Law)

Research output: Contribution to journal › Article › peer-review

21 Scopus citations

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.

Original language	English (US)
Pages (from-to)	147-168
Number of pages	22
Journal	Public Choice
Volume	128
Issue number	1-2
DOIs	https://doi.org/10.1007/s11127-006-9058-4
State	Published - Jul 2006

Bibliographical note

Funding Information:
Acknowledgements The authors thank Robin Hanson, Charles Rowley and the participants to the GMU Conference on the Political Economy of Terrorism for helpful comments. We are also grateful to Mariona Llobet, who helped with the Spanish law, and Nathaniel Yoo who served as a research assistant. Garoupa acknowledges financial support from the Portuguese Ministry of Higher Education, POCTI/JUR/557527– 2004.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 16 Peace, Justice and Strong Institutions

Keywords

Basic crime model
Communal liability
Deterrence
Incapacitation
Organized crime
Penalty enhancements
Terrorism

Publisher link

10.1007/s11127-006-9058-4

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KW - Incapacitation

KW - Organized crime

KW - Penalty enhancements

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A law and economics perspective on terrorism

Abstract

Bibliographical note

UN SDGs

Keywords

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