TY  - JOUR
PY  - 2005//
TI  - On the use of terror weapons versus modern weapon systems in an arms race between developed and less developed countries
JO  - Defence and peace economics
A1  - Kagan, Kobi
A1  - Tishler, Asher
A1  - Weiss, Alexander
SP  - 331
EP  - 346
VL  - 16
IS  - 5
N2  - Some of the most active arms races are taking place between developed and less developed countries. The inability of less developed countries to compete financially, as well as technologically, with developed countries may be forcing the former to acquire terror weapons (TWP). The Iran-Iraq war in the 1980s and the events of 9/11 proved that the use of TWP is no longer a mere threat; there are several organizations and countries that will not hesitate to use them. This study develops a model of resource allocation in an arms race between a developed country that is characterized by state-of-the-art technology and high GDP, and a less developed country whose technological capability and GDP are much lower. The model is used to predict the optimal mix of weapons of the two countries that are engaged in the arms race. Applying the model to the arms race between Israel and Syria demonstrates its use.<p /> 
LA  - 
SN  - 1024-2694
UR  - http://dx.doi.org/10.1080/10242690500207316
ID  - ref1
ER  -