A juxtaposition of two competing views regarding the development and implementation of SDI, the article takes its two positions from two separate sources. These opposing opinions are for either the implementation of SDI on defense grounds or the cancelling of SDI to prevent destabilitization.

It is often argued that certifiers have an incentive to offer inflated certificates, although they deny it. In this paper, we study a model in which a certifier is paid by sellers, and may offer them inflated certificates, but incurs costs if doing so. We find that the certifier may face a...

The UK faces the need to reduce its greenhouse gas emissions. A decision has yet to be made to replace its currently retiring nuclear reactors with modern reactors, yet time is pressing if the UK is to meet its emission target and ensure security of its future energy supply.

The lack of reliable, accessible and affordable energy hinders development in Sub-Saharan Africa, the poorest region in the world. Nuclear power promises to be the cheapest and most reliable source of electricity for many African countries. Nuclear power plants (typically 250 MWe in capacity or...

Population and economic growth in West Asia and North Africa (WANA) continue to drive upward the demand for energy services and freshwater. Currently, oil and gas are the principal fuels for electricity generation and desalination, but this is expected to change in the future. Demand...

Previous analyses of arms races and proliferation are integrated and extended, building from a treatment of the behavioral foundations of weapons acquisitions to a general theory of arms races, with implications for the role of negotiations, the balance of power, the timing of crises, and...

Defense economics derives from and is embedded in the multi-dimensional array of issues each country must address when providing for its national security. Applying economic concepts and methods, it attempts to evaluate this great diversity of security related questions, and to understand how...