An Application of a ‘Self-Protection’ Model to the Economics of National Defence

Toshitaka Fukiharu

Chapter 11 in The Economics of International Security, 1994, pp 95-105 from Palgrave Macmillan

Abstract: Abstract The aim of this chapter is to remedy the shortcomings in Fukiharu (1990): for example, the assumption of hot wars. In doing so, we utilize the model of ‘self-protection’ constructed by Ehrlich and Becker (1972).

Keywords: Order Condition; Expected Utility; Subjective Probability; Concave Function; Reaction Function (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23695-4_11

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DOI: 10.1007/978-1-349-23695-4_11

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