@techreport{Frey2004Calculating,
abstract = {The trends and consequences of terrorist activities are often captured by counting the number
of incidents and casualties. More recently, the effects of terrorist acts on various aspects of the
economy have been analyzed. These costs are surveyed and put in perspective. As economic
consequences are only a part of the overall costs of terrorism, possible approaches for
estimating the utility losses of the people affected are discussed. Results using the life
satisfaction approach, in which individual utility is approximated by self-reported subjective
well-being, suggest that people?s utility losses may far exceed the purely economic
consequences.},
author = {Bruno S. Frey and Simon Luechinger and Alois Stutzer},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {I31; H56; D74; 330; terrorism; subjective well-being; life satisfaction; utility loss; Politische Gewalt; Soziale Kosten; Lebensqualit\"{a}t; Wohlfahrtseffekt; Theorie; Lebenszufriedenheit},
language = {eng},
number = {1341},
title = {Calculating tragedy : assessing the costs of terrorism},
type = {CESifo working papers},
url = {http://hdl.handle.net/10419/18705},
year = {2004}
}
