Abstract
How should countries defend against committed terrorists who attack until defeated? We identify a fundamental non-convexity-one only needs to defeat the terrorist once. Consequently, provided a country values targets similarly, it should conceal defenses and allocate defense resources randomly.
Original language | English (US) |
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Pages (from-to) | 52-54 |
Number of pages | 3 |
Journal | Economics Letters |
Volume | 107 |
Issue number | 1 |
DOIs | |
State | Published - Apr 2010 |
Keywords
- Hidden defenses
- Randomization
- Resource allocation
- Security
- Terrorism
ASJC Scopus subject areas
- Finance
- Economics and Econometrics