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来源类型Working Paper
规范类型报告
DOI10.3386/w14325
来源IDWorking Paper 14325
Valuing a Homeland Security Policy: Countermeasures for the Threats from Shoulder Mounted Missiles
V. Kerry Smith; Carol Mansfield; Laurel Clayton
发表日期2008-09-10
出版年2008
语种英语
摘要This paper reports estimates for the ex ante tradeoffs for three specific homeland security policies that all address a terrorist attack on commercial aircraft with shoulder mounted missiles. Our analysis focuses on the willingness to pay for anti-missile laser jamming countermeasures mounted on commercial aircraft compared with two other policies as well as the prospect of remaining with the status quo. Our findings are based a stated preference conjoint survey conducted in 2006 and administered to a sample from Knowledge Networks' national internet panel. The estimates range from $100 to $220 annually per household. Von Winterfeldt and O'Sullivan's [2006] analysis of the same laser jamming plan suggests that the countermeasures would be preferred if economic losses are above $74 billion, the probability of attack is larger than 0.37 in ten years, and if the cost of the measures is less than about $14 billion. Our results imply that, using the most conservative of our estimates, a program with a cost consistent with their thresholds would yield significant aggregate net benefits. More generally, this research grows out of a need to measure the benefits of an iconic public good -- national defense -- to assess the economic efficiency of Department of Homeland Security policies.
主题Microeconomics ; Welfare and Collective Choice ; Public Economics ; Public Goods ; National Fiscal Issues
URLhttps://www.nber.org/papers/w14325
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/571998
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V. Kerry Smith,Carol Mansfield,Laurel Clayton. Valuing a Homeland Security Policy: Countermeasures for the Threats from Shoulder Mounted Missiles. 2008.
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