Speaking of terrorist behaviour

Phillips, Peter J. ORCID: https://orcid.org/0000-0002-7094-5427 and Pohl, Gabriela ORCID: https://orcid.org/0000-0003-3853-5492 (2021) Speaking of terrorist behaviour. Crime, Law, and Social Change. pp. 1-22. ISSN 0925-4994


Abstract

Using prospect theory as our core descriptive model of the decision-making process, we explore how behavioural economics can be used to expand what can be said about terrorist behaviour and align the inferences about terrorist behaviour that have been drawn from a diverse collection of disciplines. Prospect theory played a key role in the emergence of behavioural economics and provided many leads that were followed up by subsequent generations of researchers to reveal and explain various interesting quirks and anomalies in human decision-making, especially under conditions of risk and uncertainty. The decision-maker that emerges from behavioural economics is one who makes decisions shaped by a mixture of rationality, emotions, aspirations, reference-dependent choices, loss aversion and habits. When we speak of terrorist decision-making and draw inferences about it from different analytical perspectives, behavioural economics can help us to ensure that our inferences are in accordance with each other and, furthermore, help us to deepen our ‘thinking about terrorists’ thinking’.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Faculty/School / Institute/Centre: Current - Faculty of Business, Education, Law and Arts - No Department (1 Jul 2013 -)
Faculty/School / Institute/Centre: Current - Faculty of Business, Education, Law and Arts - No Department (1 Jul 2013 -)
Date Deposited: 19 Jan 2022 03:26
Last Modified: 21 Jan 2022 01:55
Uncontrolled Keywords: Prospect theory, Decision-making, Terrorist behaviour, Behavioural Economics, Rationality, Emotions, Loss Aversion, Habits
Fields of Research (2008): 16 Studies in Human Society > 1606 Political Science > 160607 International Relations
16 Studies in Human Society > 1606 Political Science > 160604 Defence Studies
14 Economics > 1401 Economic Theory > 140104 Microeconomic Theory
Fields of Research (2020): 38 ECONOMICS > 3801 Applied economics > 380102 Behavioural economics
Socio-Economic Objectives (2008): A Defence > 81 Defence > 8101 Defence > 810107 National Security
A Defence > 81 Defence > 8101 Defence > 810105 Intelligence
Socio-Economic Objectives (2020): 23 LAW, POLITICS AND COMMUNITY SERVICES > 2303 International relations > 230301 Defence and security policy
14 DEFENCE > 1401 Defence > 140105 Intelligence, surveillance and space
14 DEFENCE > 1401 Defence > 140109 National security
Identification Number or DOI: https://doi.org/10.1007/s10611-021-10010-1
URI: http://eprints.usq.edu.au/id/eprint/45558

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