Brutality is the defining characteristic of terrorism. It is despairing to learn that this brutality is the outcome of purposeful, rational, human behaviour. In this purposefulness, however, there lies the key to the interpretation, explanation and understanding of terrorist behaviour. Ultimately, it is in this purposefulness that we shall also find the key to overcoming terrorism. Economic analysis highlights this purposefulness, this rationality, and in doing so provides a different perspective from which to approach the threat of terrorism and the task of pre-empting and pursuing its perpetrators. This book develops this economic perspective within a series of important contexts, each characterised by particular types of terrorist behaviour, choices and strategies.

The Economics of Terrorism brings new insights on how to deal with such challenges as the terrorist group’s choice of attack method and target location, terrorist financing and ‘copycat’ behaviour.

chapter 1|11 pages

Contemporary terrorism and brutality

chapter 2|18 pages

Terrorism perpetrated by individuals

chapter 4|16 pages

Financing brutality

The ‘rotten kid’ theorem

chapter 5|20 pages

Terrorist financing

Portfolios of fundraising and transfer methods

chapter 6|21 pages

Attack methods

How the terrorist chooses

chapter 7|17 pages

Imitating the brutality of others

chapter 8|11 pages

The path towards terrorism

Prudence and time delay

chapter 9|13 pages

Where will the terrorist attack?

chapter 10|13 pages

Prospect theory and geographic profiling

chapter 11|20 pages

Terrorism perpetrated by females

chapter 12|12 pages

Brutality and survival