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Defense economics derives from and is embedded in the multi-dimensional array of issues each country must address when providing for its national security. Applying economic concepts and methods, it attempts to evaluate this great diversity of security related questions, and to understand how...
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Since the end of the Cold War, the world remains a dangerous place with new threats: regional conflicts, transnational terrorist networks, rogue states, and weapons of mass destruction (i.e., chemical, biological, radiological, and nuclear). The second volume of the Handbook of Defense Economics...
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The alarm raised by the jump in subprime mortgage defaults has deflected attention away from a serious problem that afflicts many homeowners with subprime and prime mortgages alike: a significant share of all outstanding mortgages have adjustable interest rates, and the majority of these will...
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The economics of disarmament is a new discipline. It involves analyses on the economic causes of the arms race, the … definitions of disarmament and the economic determinants and military expenditure. Simultaneously, disarmament is considered as an … obstacle to economic development, a peace dividend or an investment. The construction of economic models of disarmament …
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