CATASTROPHE AND RATIONAL POLICY: CASE OF NATIONAL SECURITY.
Predicting catastrophes involves heavy‐tailed distributions with no mean, eluding proactive policy as expected cost‐benefit analysis fails. We study US government counterterrorism policy, given heightened risk of terrorism. But terrorism also involves human behavior. We synthesize the behavioral and...
| Publicado en: | Economic Inquiry Vol. 59; no. 1; pp. 140 - 162 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Jan2021
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |