About Book

This monograph provides a systematic examination of conflict through an economic lens, demonstrating how principles of microeconomics, game theory, and strategic interaction help explain the causes, conduct, and consequences of war, terrorism, and genocide. Anderton and Carter present models that clarify why actors choose violence, how resources shape conflict dynamics, and what policy mechanisms influence peace or escalation, while offering quantitative frameworks that bridge economics with security studies. The book’s analytical emphasis on costs, incentives, and decision-making renders it highly relevant to contemporary issues such as terrorism financing, insurgent resource mobilization, cyber conflict, and the shifting balance between state and non-state actors. In an era marked by hybrid warfare, fragile states, and economic shocks exacerbating extremism, the work provides policymakers and scholars with vital tools to evaluate conflict drivers, allocate resources for prevention, and design peace-oriented strategies rooted in economic reasoning.The book’s strengths lie in its rigorous theoretical foundation, its clear articulation of economic models applied to conflict behavior, and its integrative approach that connects terrorism, war, and genocide under a unified framework. Its interdisciplinary value is significant, bridging economics with security studies, and making it particularly useful for academic researchers and practitioners seeking quantifiable approaches. However, the monograph’s reliance on economic rationality may underplay psychological, sociocultural, and identity-driven factors in conflict, and some advanced models may be challenging for readers without an economics background. Despite these limitations, the authors’ contribution remains substantial, filling a gap in the literature by offering an economic architecture for understanding collective violence and peace strategies.A highly important and intellectually rigorous work that provides a unique, economically grounded framework for analyzing terrorism, war, and peace. Its relevance across multiple fields makes it an essential text for any research repository dealing with conflict dynamics, extremism, and security policy.