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Learning from Terrorism Markets

Published online by Cambridge University Press:  01 June 2004

Adam Meirowitz  and
Joshua A. Tucker
Adam Meirowitz
Affiliation:
Adam Meirowitz is an Assistant Professor of Politics at Princeton University
Joshua A. Tucker
Affiliation:
Joshua A. Tucker is an Assistant Professor of Politics and International Affairs at Princeton University
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Extract

On July 28, 2003, Senators Ron Wyden (D-Ore.) and Byron L. Dorgan (D-N.D.) held a press conference to call attention to a DARPA (Defense Advanced Research Projects Agency) project that would allow investors to bet on future political events in the Middle East—including terrorist attacks—through a commodity-market style trading system. On July 29, newspapers responded by denouncing this “unbelievably stupid” and “grotesque” market. Later that day, the program was officially cancelled.The authors thank Ellie Powell and Tatyana Karaman for their excellent research assistance, and Gary Bass, Tom Romer, the editor of Perspectives on Politics, and two anonymous reviewers for their helpful comments and suggestions.

Type
PERSPECTIVES
Information
Perspectives on Politics , Volume 2 , Issue 2 , June 2004 , pp. 331 - 336
Copyright
© 2004 American Political Science Association

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References

REFERENCES

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