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The Journal of Law, Economics, & Policy (JLEP)
and the
GMU National Security Law Society (NSLS)
Presented a Joint Lecture entitled:
"A Law and Economics Perspective of Terrorism"
This Event was held: March 29, 2006
Topic:
Should terrorist organizations be subject to group liability for the actions of their members? Should countries and groups that provide financial support or could have prevented a terrorist attack be liable? Should the punishment for an act committed by a terrorist be more severe then for the same act committed by a criminal? Should the U.S. government be able to buy American's right to privacy? In a timely discussion of these types of questions and many more…
The starting point for this discussion will be Professors Parisi, Garoupa, and Klick's paper "A Law and Economics Perspective on Terrorism." Available at SSRN: http://ssrn.com/abstract=800705.
Listen to the audio of this event on The Law and Economics Podcast:
Speakers included:
- M.E. (Spike) Bowman, Director, Intelligence Issues Group, F.B.I.
- Judge David B. Sentelle, D.C. Circuit Court, Presiding Judge of the Special Division for the Purpose of Appointing Independent Counsels
- Guy Dubois, Vice President for Operational Technologies and Solutions in the Intelligence and Information Systems Division of Raytheon Corporation.
Moderator:- Linda Lourie, Associate Deputy Counsel, Department of Defense, Office of the General Counsel, International Affairs.
Paper Presented by:- Jeremy Kidd, Robert A. Levy Fellow and Student at George Mason University School of Law.
Lecture Series Event Summary
Kidd opened the discussion by outlining several economic concepts discussed in the paper. The paper demonstrated that if one were to assume the rationality of terrorists, one could find optimal levels of punishment, deterrence, and prevention. “Rational” does not mean that terrorists are necessarily reasonable, rather that terrorists respond to incentives, e.g. the costs and benefits of their actions. However, unlike the “normal ordinary person,” a terrorist may have a completely different set of preferences/incentives...[more]
Select Event Photos (photo credit: Michael Ehrstein, JLEP/GMU-SL)
(click to enlarge)
   
VA CLE credits: The Virginia Bar Association approved this event for 1.5 credits. If you signed up for CLE credits and have not yet received them, please be sure to contact us.
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