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The objective of this paper is to explain how ‘nudge theory', as formulated by Thaler and Sunstein, can be successfully applied to alleviate the incidence of terrorism. It briefly explains ‘nudge theory' and associated concepts, provides evidence of its successful application in recent times...
Persistent link: https://www.econbiz.de/10012926788
The basic conclusion of this paper is that ignoring the negative welfare effects of unemployment in the form of terrorism and consequent loss of output leads to the adoption of (i) level of employment of labour which is sub-optimal, (ii) levels of employment of capital and capital/labour ratios...
Persistent link: https://www.econbiz.de/10014060318
The financial side of terrorism has not been given due importance in the literature. This paper analyses the implications of the financial side of terrorism for the relationship between the incidence of terrorism and affluence. It is assumed that the number of recruits who volunteer to join a...
Persistent link: https://www.econbiz.de/10014062226
This paper classifies the various causes of terrorism into necessary, precipitating, facilitating and perpetuating factors. The presence of a leader is a necessary factor without which terrorism cannot be generated. Poverty and unemployment, however, might only be one out of many facilitating...
Persistent link: https://www.econbiz.de/10014063105
This paper reviews the development indicators in the North-Eastern States of India and tries to shed light on the causation which has led to the association between high incidence of terrorist activity and the low level of affluence in this region. It concludes that poor infrastructure might be...
Persistent link: https://www.econbiz.de/10012721658