Economic Costs and Consequences of Terrorism

Edited by Harry W. Richardson, Honorary Doctorate, Universidad Autonoma del Estado de Mexico, Peter Gordon, Professor, School of Policy, Planning and Development, University of Southern California, US and James E. Moore II, Professor, University of Southern California, US

• Contents:PrefacePART I: INTRODUCTION1. IntroductionHarry W. Richardson, Peter Gordon and James E. Moore II PART II: GENERAL ISSUES2. Terrorism: Considering New PoliciesBruno S. Frey and Simon Luechinger3. An Empirical Analysis of the Terrorism Risk Insurance Act (TRIA)Howard Kunreuther and Erwann Michel-KerjanPART III: SECURITY4. Airport Security: Time for a New ModelRobert W. Poole, Jr.5. Cost-effective Strategies to Address Urban Terrorism: A Risk Management ApproachRichard G. Little6. Optimal Inspection Strategies for Coast Guard OperationsNiyazi Onur Bakir7. Balancing Freedom and Security after 9/11: Risk Management at the National Park Service Larry ParkinsonPART IV: MACROECONOMIC, SECTORAL AND SPATIAL IMPACTS8. The National Economic Impacts of a Food Terrorism Event: Initial Estimates of Indirect CostsThomas F. Stinson9. The Economic Cost of Disasters: Permanent or Ephemeral?Matthew P. Drennan 10. Analyzing Catastrophic Terrorist Events with Applications to the Food IndustryHamid Mohtadi and Antu Panini Murshid11. Simulating the State-by-State Effects of Terrorist Attacks on Three Major US Ports: Applying NIEMO (National Interstate Economic Model)Jiyoung Park, Peter Gordon, James E. Moore II, Harry W. Richardson and Lanlan Wang12. Tourism and Terrorism: The National and Interregional Economic Impacts of Attacks on Major US Theme ParksHarry W. Richardson, Peter Gordon, James E. Moore II, Soojung Kim, Jiyoung Park and Qisheng Pan PART V: THE ELECTRIC POWER SECTOR13. Worst-case Electricity Scenarios: The Benefits and Costs of PreventionLester B. Lave, Jay Apt and Granger Morgan14. Risk and Economic Costs of a Terrorist Attack on the Electric System Rae Zimmerman, Carlos E. Restrepo, Jeffrey S. Simonoff and Lester B. Lave15. Regional Economic Impacts of a Terrorist Attack on the Water System of Los Angeles: A Computable General Disequilibrium Analysis Adam Rose, Gbadebo Oladosu and Shu-Yi Liao16. Two-sided Electricity Markets: Self-Healing SystemsRichard E. SchulerIndex

'This volume raises many important questions and is a valuable addition to the empirical literature on the economics of terrorism. Individuals charged with thinking about the design of appropriate counterterrorism and disaster management strategies will want to read this book. Highly recommended.'