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Problems of commitment in arming and war: how insecurity and destruction matter |
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| Authors: | Garfinkel Michelle R. Syropoulos Constantinos |
| Affiliation: | 1.Department of Economics, University of California, Irvine, Irvine, CA, 92697, USA ;2.School of Economics, LeBow College of Business, Drexel University, Philadelphia, PA, 19104, USA ; |
| Abstract: | Public Choice - This paper analyzes a guns-versus-butter model in which two agents compete for control over an insecure portion of their combined output. They can resolve this dispute either... |
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