What is it about?
Short, concentrated attacks by lone offenders, called shooting sprees, are perpetrated by a particular type of risk-taking decision-maker: the 'plunger'. Terrorists choose from among a set of alternative attack methods. For the most part, it makes sense to treat the terrorist decision-maker as risk-averse to some degree (that is, he prefers higher payoffs and less risk if possible). A risk-seeker, by contrast, will always choose the attack method with the most variable payoffs. Because other types of attacks are commonly chosen by terrorists, we know that risk-seeking behavior (a preference for more risk, even at the cost of lower payoffs) does not describe the majority of terrorist decision-makers. A shooting spree is a unique case that involves the 'plunging' of resources into a short, concentrated terrorist attack. Economic theory of decision-making under risk and uncertainty can be used to explore this type of behavior.
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Why is it important?
Shooting sprees are a particularly damaging type of terrorist attack that is difficult to preempt. This paper shows how this type of behavior and the decision to engage in a shooting spree can be explored by treating the perpetrator as a 'plunger', a unique type of decision-maker. Important results emerge from the analysis. This type of terrorist will be particularly sensitive to changes in the risk-reward trade-off. When he perceives a 'favorable' change, he will act all at once and plunge into the attack.
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This page is a summary of: The lone wolf terrorist: sprees of violence, Peace Economics Peace Science and Public Policy, December 2012, De Gruyter,
DOI: 10.1515/peps-2012-0010.
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