Advances in Economic Consequence Analysis of Terrorism Events

Principal Investigator: 
Performance Period: 
October 2007 to September 2009
Commercialization Status: 
N/A
Abstract: 
CREATE began a new initiative in 2008 called the Economic Impact Modeling Forum (EIMF).  Its objective is to improve economic modeling in the terrorist field and to generate reliable estimates of the consequences of actual or potential terrorist attacks.  EIMF is patterned after the twenty-five year successful experience of the Stanford Energy Modeling Forum (EMF).  It convenes several modeling teams to analyze a common topic, with the intent of arriving at a narrow bound of estimates.