Research Areas

The Center will provide research to inform public and private decisionmakers on economic security in the face of the terrorism threat:

Terrorism risk insurance. Studies will examine the insurability of terrorism risk and inform the Congressional debate about whether to renew or amend the Terrorism Risk Insurance Act (TRIA) in 2005.
Terrorism liability. Studies will examine the complex issues of liability, including the problems that may emerge if chemical, biological, or radiological attacks occur in the future.
Compensation. Studies will examine whether an administrative system can be designed for future terrorist attacks and look for lessons from the approaches to compensation adopted in other countries.
Security. Research on security will help protect critical infrastructure and improve collective security in rational and cost-effective ways.
Terrorism risk management. Research will improve the mathematical models, now in their infancy, for developing risk management tools for terrorist attacks.