How to Pay for the Peace? A Theoretical Framework with References to African Countries.

B-Tier
Journal: Public Choice
Year: 1995
Volume: 83
Issue: 1-2
Pages: 173-84

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper analyzes a simple game-theoretic model to highlight the choice of the government between raising its defense 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 defense 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. Copyright 1995 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:pubcho:v:83:y:1995:i:1-2:p:173-84
Journal Field
Public
Author Count
1
Added to Database
2026-01-24