Plunder and trade are theoretically and historically entwined in complex ways. This paper examines when rational players will choose one or both by employing a model of plunder within an evolutionary game theoretic framework. Evolutionary stable strategy equilibria are derived and the replicator...

This paper experimentally tests a number of hypotheses that follow from models of international competition that are based on Tullock style rent-seeking models. Specifically, we designed and performed experiments to see how variations in the degree of publicness in the prize as well as changes...

This paper extends the joint product model of military alliances to apply to the new strategic doctrine adopted by NATO in the 1990s. In particular, a choice must be made between protecting one's own territory and pooling forces for an alliancewide rapid reaction force. This new model accounts...

This study tests the hypothesis that defence spending “crowds-out” civil investment. It uses UK data for 1974-96. The results suggest that the crowding-out of investment takes place entirely in the private sector.

This study investigates the relationship between British economic performance and various macroeconomic factors during the rise and fall of Great Britain as a great power from 1830 to 1980. It has generated a number of interesting findings. First, Britain's military spending is found to have a...