HOW TO PAY FOR THE PEACE - A THEORETICAL FRAMEWORK WITH REFERENCES TO AFRICAN COUNTRIES

被引:65
作者
AZAM, JP [1 ]
机构
[1] CSAE,OXFORD,ENGLAND
关键词
D O I
10.1007/BF01047691
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyses a simple game-theoretic model to highlight the choice of the government between raising its defence expenditures or giving away some ''gifts'' to his opponents, as a means to defend his position in power. If the government is a Cournot-Nash player, then there is no gift in equilibrium, and any increase in the budget will lead to more inefficient defence expenditures. However, if the government is a Stackelberg-leader, then he will use the ''gift'' as a tool in his policy for staying in power.
引用
收藏
页码:173 / 184
页数:12
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