| ID | 151707 |
| Title Proper | Terrorist choice |
| Other Title Information | a stochastic dominance and prospect theory analysis |
| Language | ENG |
| Author | Phillips, Peter J ; Pohl, Gabriela |
| Summary / Abstract (Note) | The paper explores terrorist choice by applying two well-known theoretical frameworks: stochastic dominance and prospect theory (PT). We analyse each pair of attack methods that can be formed from the RAND-MIPT database and the Global Terrorism Database. Instances of stochastic dominance are identified. PT orderings are computed. Attention is accorded to the identification of ‘trigger points’ and the circumstances that may lead to an increased likelihood that a terrorist will select an attack method associated with a higher expected number of fatalities, i.e. a potentially more damaging attack method. |
| `In' analytical Note | Defence and Peace Economics Vol. 28, No.2; Apr 2017: p.150-164 |
| Journal Source | Defence and Peace Economics Vol: 28 No 2 |
| Key Words | Prospect Theory ; Fatalities ; Terrorist Choice ; Stochastic Dominance ; Attack Methods ; Trigger Points |