Since the end of the Cold War, the world remains a dangerous place with new threats: regional conflicts, transnational terrorist networks, rogue states, and weapons of mass destruction (i.e., chemical, biological, radiological, and nuclear). The second volume of the Handbook of Defense Economics...

This chapter defines defense economics and indicates how it differs from other subfields of economics. The nature and topics of defense economics are presented. A brief history of the field is also reviewed. The current importance of defense economics in the post-cold war era is discussed....

This chapter is a vote of thanks to many colleagues who have directly and indirectly contributed to this Handbook titled Handbook of Defense Economics. Michael Intriligator was centrally involved in initiating the volume. Distinguished contributors responded willingly and enthusiastically to...

This Handbook provides a self-contained survey of the current state of defense economics in the form of chapters prepared by leading specialists on various aspects in the field. The volume summarizes not only received results but also newer developments, from recent journal articles and...

 

The `long decade of disarmament' between the mid-1980s and the late 1990s provides ample evidence of the effects of a substantial defense downturn. The chapter starts out with a brief discussion of various concepts of conversion, focusing on a resource-reuse perspective. This is followed by...

The chapter surveys the empirical literature concerning the measurement of terrorism, effectiveness of counterterrorism policies, the economic consequences of terrorism, and the economic causes of terrorism. In Section 2, terrorist incidents are grouped according to incident type, victim, and...