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the benefits and costs of increased security measures are di

Paper help Economics the benefits and costs of increased security measures are di

Economics

the benefits and costs of increased security measures are di

the benefits and costs of increased security measures are difficult to quantify. For example, in re… Show more the benefits and costs of increased security measures are difficult to quantify. For example, in real life, it is difficult to know for certain the probability of intercepting terrorists; and it is also difficult to measure the benefits of tourism, since many are intangible. (The article mentions, for instance, that people who visit the United States are more likely to have a favorable view of the country after their visit than before.) Does this mean that there isn’t a tradeoff? What are the implications of such uncertainties for policymakers? • Show less

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