The aim of this article is to consider, from various theoretical perspectives, the correlations between rationality of terrorism and other key elements that make the phenomenology of terrorism. Starting from the premise that understanding of the aspect of rationality determines the assessment of the risks of terrorism and affects counter-terrorism policy, the author first analyzes the viewpoint of Pavlićević (2015) and the insights of several theoretical sources for the sake of attaining a complete and deeper understanding of these relationships. The author emphasizes the significance of analytical models and points out that in the assessment and risk analysis it is of primary importance to take into account different concepts of terrorist ...