ABSTRACT

In the context of this chapter, virtually every citizen of some (ideal) country would declare a clear rejection of terrorism, and probably also everyone, and with the same determination, would express his conviction that a terrorist act would have immediate negative consequences for the economy (causing, for example, a downturn of the stock market). It is obvious that both opinions are perfectly respectable, but it is also obvious that the second one is a consequence of the first and translates to the real world the ethical biases of the individual. In the context of stock markets, one would argue that the second opinion should at least be tested since animal spirits could determine the irrelevance of such an incident.