Trajtenberg, Manuel - C.E.P.R. Discussion Papers - 2004
, and the extent to which security against terrorism is (still) a public good. I develop for that purpose a simple model of …, security against terrorism becomes a mixed private/public good. A key result of the model is that the government should spend … security. Intelligence emerges as the key aspect of the war against terrorism and, accordingly, R&D aimed at providing advanced …