We examine whether nations, faced with the threat of terrorism, will be motivated to engage in the efficient amount of retaliation against terrorists. We demonstrate that the problem confronting the efforts of nations to achieve an optimal retaliation against terrorists is understated by the...

This article investigates the determinants of logistical and negotiation successes in hostage-taking incidents using an expanded dataset that runs from 1978 to 2010. Unlike an earlier study, the current study has a rich set of negotiation variables in addition to political, geographical, and...

A general theory of interpersonal exchange is developed from a public goods, public choice point of view and within an analytical context that assesses both the benefits and the costs of social interaction. Social transaction benefits and costs are specified as a composite function of...

This paper implements discrete-time survival models to ascertain the determinants behind specific endings for terrorist groups during 1970–2007. Based on multinomial logit regressions, we estimate the hazard probabilities associated with three endings for terrorist groups: splintering from...

This paper provides a test of the E. Appelbaum and E. Katz (1987) rent-seeking model in which rents are endogenous. The Appelbaum-Katz model is theoretically modified to correspond to the authors' empirical application in which rent-seeking and rent-avoiding coalitions are attempting to...

This paper presents a self-contained survey of club theory with an emphasis on the contributions of the last fifteen years. Club goods are contrasted with pure public goods, and equilibrium and optimality notions are contrasted. After presenting three basic representations of club theory, we...

Global terrorism presents collective action issues for targeted nations. Proactive measures (e.g., preemptive strikes) against terrorists create external benefits for all at-risk nations. In contrast, defensive actions deflect attacks to softer targets, thereby giving rise to external benefits...