How can business cope with terrorism? |
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Authors: | Bruno S Frey |
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Institution: | aUniversity of Zurich, ETH-Zurich, Switzerland;bCREMA – Center for Research in Economics, Management and the Arts, Switzerland |
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Abstract: | “What can business do to cope more successfully with terrorism?” The policy against terrorism available to business is a neglected issue in the scholarly literature especially in so far as individual firms rather than the business sector as a whole are concerned.Two sets of proposals are advanced, based on an economic analysis of terrorism. The first set discusses possibilities to reduce terrorists’ incentives to attack business premises; the second part outlines proposals designed to minimize the costs to businesses once a terrorist attack has taken place, hence reducing the impact. |
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Keywords: | Terrorism Business Incentives Decentralization Hostages Reconstruction |
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