@article{Prentice:207920,
      recid = {207920},
      author = {Prentice, Berry and Hickson, Allister},
      title = {Benefits of Security Measures on Transportation},
      address = {2007-03},
      number = {1428-2016-118574},
      pages = {17},
      year = {2007},
      abstract = {Transportation networks are high value targets for  terrorists and criminals. They are widely accessible,  visible, attract intense media attention and have a  significant degree of government ownership. Since the 9/11  terrorist attack in 2001, transportation networks have been  the focus of increasing security improvements worldwide.  Much of the analytical work with respect to improved  security of transportation networks has been related to the  costs of the security improvements. Benefits have largely  been ignored or described in general terms of community  safety or the risk of terrorism to trade flows. This  analysis provides a qualitative analysis of the benefits of  security. An economic framework is used as a guide to  develop a taxonomy of security benefits in four dimensions  : sovereignty protection, terrorism prevention,  interdiction of illegal activities and personal security.  Direct and indirect benefits are described. The analysis  shows that the benefits of transportation security measures  are often more subtle and pervasive than simply providing a  safer and more secure community.},
      url = {http://ageconsearch.umn.edu/record/207920},
      doi = {https://doi.org/10.22004/ag.econ.207920},
}