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Modeling Hostage-Taking: On Reputation and Strategic Rationality of Terrorists |
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| Authors: | Heinrich Harald Nax |
| Institution: | 1. Department of Economics , University of Oxford , Oxford, United Kingdom;2. Paris-Dauphine , University College , Paris, France |
| Abstract: | This article takes a fresh look at hostage-taking from a game theoretic standpoint. A new model is developed that shows why conventional government deterrence strategies may fail. |
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