Conybeare, John A C; Murdoch, James C; Sandler, Todd - In: Economic Inquiry 32 (1994) 4, pp. 525-42
How should the defense activities of allies be aggregated to determine the alliance-wide level of defense? Two alternative models--best shot and weakest link--are contrasted with simple summation of defense spending or manpower for aggregating allies' defense efforts. The authors extend the...