Add to ORKGThe increase in Federal United States homeland security expenditure since 2001 is approximately $31.4 billion per year. An assessment of expected lives saved as a result of such enhanced expenditure suggests that some 4000 lives per year would have to be saved in order to justify the increases expenditures, and that the cost per life saved ranges from $63 million to $630 million per life saved, greatly in excess of the regulatory safety goal of $7.5 million per life saved. As such, it clearly fails a cost-benefit analysis. If property damage and indirect economic costs are added to the cost of fatalities, then several large scale terrorist attacks would need to be foiled each year for increased homeland security to be cost effective. In add...
"While most economists expect some marginal conditions to result from basic expected value models in...
In the years following 9/11, the United States spent billions and billons on powerful surveillance a...
The paper describes risk-informed decision support for assessing the costs and benefits of Counter-T...
The cumulative increase in expenditures on U.S. domestic homeland security over the decade since 9/1...
An analysis of risk, cost and benefit associated with U.S. domestic anti-terrorism expenditures
Security focused regulations have been largely exempt from the benefit-cost type of analysis require...
Post September11, 2001 there has been an increased awareness of terrorism globally and as a result n...
We evaluate, for the U.S. case, the costs and benefits of three security measures designed to reduce...
Security focused regulations have been largely exempt from the benefit-cost type of analysis require...
Governments and their regulatory agencies normally exhibit risk-neutral attitudes in their decision-...
The Transportation Security Administration (TSA) and international regulators seek security measures...
In this article, we present a simple back-of-the-envelope approach for evaluating whether counterter...
The Australian government Office of Best Practice Regulation has recommended the use of cost-benefit...
One of the most challenging tasks of homeland security policymakers is to allocate their limited res...
This paper describes several dimensions of the cost of the U.S. response to the threat of terrorism....
"While most economists expect some marginal conditions to result from basic expected value models in...
In the years following 9/11, the United States spent billions and billons on powerful surveillance a...
The paper describes risk-informed decision support for assessing the costs and benefits of Counter-T...
The cumulative increase in expenditures on U.S. domestic homeland security over the decade since 9/1...
An analysis of risk, cost and benefit associated with U.S. domestic anti-terrorism expenditures
Security focused regulations have been largely exempt from the benefit-cost type of analysis require...
Post September11, 2001 there has been an increased awareness of terrorism globally and as a result n...
We evaluate, for the U.S. case, the costs and benefits of three security measures designed to reduce...
Security focused regulations have been largely exempt from the benefit-cost type of analysis require...
Governments and their regulatory agencies normally exhibit risk-neutral attitudes in their decision-...
The Transportation Security Administration (TSA) and international regulators seek security measures...
In this article, we present a simple back-of-the-envelope approach for evaluating whether counterter...
The Australian government Office of Best Practice Regulation has recommended the use of cost-benefit...
One of the most challenging tasks of homeland security policymakers is to allocate their limited res...
This paper describes several dimensions of the cost of the U.S. response to the threat of terrorism....
"While most economists expect some marginal conditions to result from basic expected value models in...
In the years following 9/11, the United States spent billions and billons on powerful surveillance a...
The paper describes risk-informed decision support for assessing the costs and benefits of Counter-T...