definition and data, strategic aspects of the arms trade and regulation. We illustrate these aspects using the latest theoretical … unified approach to arms trade regulation. Issues such as differences in the security perceptions of exporters, the home bias … effort that exporter firms put into producing higher quality weapons. We argue that supply side regulation will not be enough …

mass destruction. The global character of these markets makes traditional regulation and treaty solutions difficult. Some … may produce regulatory backlash, i.e. excessive government regulation that make downstream production prohibitive costly … situation worse. Second, industry regulation enforced by downstream firms and optimal regulation converge when the downstream …