University of Southern California
CREATE - has assembled a team of national experts from a range of key research areas to study evolving terrorist threats.

Garrett R. Beeler Asay

(213) 821-3919

Garrett Asay is a postdoctoral research associate with the Center for Risk and Economic Analysis of Terrorism Events (CREATE) at USC.  In August, 2006, he completed his Ph.D. in Economics at the University of California, Irvine (UCI) with fields in Political Economy and Econometrics.  In his dissertation, he examined how candidates could alter their behavior in order to minimize the risk associated with their position, even when they are constrained by party ideology, past stated positions, or economic scarcity.  Further, he studied the conditions under which negative campaigning is likely to garner more media attention.  (Please see Garrett’s vita for the status of research papers related to his dissertation.)  As a Postdoctoral Researcher with CREATE, Garrett is focused on bringing economic modeling and psychology closer together using behavioral economics. 

His current research focuses on three projects.  The first project is coordinated work with Bill Burns, Paul Slovic, and Adam Rose and will be funded by the National Science Foundation for three years starting in August 2007.  The primary purpose of the project is to link psychological effects of fear created by terrorism with regional economic models.  In this way, researchers will be able to directly estimate the economic impacts of fear at the regional and industry level.  The second project (funded by the US Department of the Treasury) evaluates the economic impacts of a complete US border closure to individuals and goods using the REMI Macroeconometric model.  The third project, with Bumsoo Lee and Detlof von Winterfeldt, examines the changes in travel demand after terrorist attacks using calibration techniques from the Macroeconomics and Finance literature (submitted for funding to METRANS and DHS). 


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