The economic theory of defense has traditionally described public safety as achieved through investments that deter adversaries. Deterrence is however ineffective, and preemptive defense is required, when a population of intended victims confronts supreme-value suicide terror. A moral dilemma...

Der Ukrainekrieg verändert die Lage in Europa grundlegend. Die Militärausgaben steigen nun seit langem wieder an und die Abhängigkeit von fossilen Energieträgern wird offensichtlich. Die erwartete Zahl der Geflüchteten wird die der Jugoslawien- und Syrienkriege vermutlich bei weitem...

abstract The paper considers the problem of allocating resources to economic goods and military goods (protecting property rights) in a contest model under an anarchic system which can be defined by the absence of a common superior authority to each state. I characterize the equilibrium and...