Terrorism and its oxygen: a game-theoretic perspective on terrorism and the media.
(Behavioral Sciences of Terrorism and Political Aggression, 2012)

The symbiotic relationship between terrorism and the media is widely taken as selfevident; theoretical analysis from an economic perspective is rare. In this paper, a game-theoretic model with two players the media and a terrorist organization is developed and then extended to multiple terrorist groups. The number of terrorist groups is first modeled exogenously and then, in a market entry game, endogenously. It can be shown that media attention not only encourages terrorism, but also has a stabilizing effect. With increasing terrorism and constant media preferences, the probability that a single terrorist incident is reported on diminishes, reducing the expected payoff from a successful terrorist attack. Hence, terrorist attacks of a single group are declining in the overall number of terrorist groups.
Terrorism and its oxygen.pdf
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Causalities and casualties: media attention and terrorism, 1970-2010
(Working Paper Helmut Schmidt University, 2012)

The results of empirical research on whether media attention encourages terrorism differ according to the study period. The present contribution identifies which episodes from 1970 to 2010 are characterized by Granger-causalities. Structural breaks are systematically taken into account and both domestic and transnational terrorism are considered. Data on terrorism are drawn from the Global Terrorism Database (GTD), while the media attention variable is constructed by the number of New York Times (NYT) articles that contain the word ‘terrorism’. A bidirectional Granger-causality between transnational terrorism and media attention was found only from 1999:09 to 2002:07 indicating a temporary effect of 9/11.
Causalities and casualties.pdf
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The curse of anxiety-pleasure: Terrorism, the media, and advertising in a two-sided market framework
(Working Paper Helmut Schmidt University, 2012)

In theoretical analyses on terrorism and the media, the structure of the media market has thus far been neglected. The present paper adopts a multi-sided market framework in order to explore the ways in which the markets for terrorism, advertising, and the media influence each other. Although the markets for terrorism and the media do not constitute a two-sided market, they are linked by externalities, the degrees of which can be determined by the media. Further, advertisers play a crucial role in determining the content of a media product because they (i) usually contribute to a large share of a media firm’s profit and (ii) value media violence for its juvenescent effect on the age structure of consumers. The results underline the importance of financially independent news coverage.
The curse of anxiety pleasure.pdf
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