Saturday, July 22, 2006

Assassinations: Evaluating the effectiveness of a counterterrorism policy

...using the Israeli Stock Market. A new economics study shows that the Tel Aviv 25 rose (+0.6% on average) after the killing of an important militant. But when Israel attempted to assassinate a Palestinian political leader or low-ranking militant the market dropped (-1.1%) nearly the same as after a large terrorist attack (-1.2%).

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