TY - JOUR PY - 2007// TI - Theory and application to the us military JO - Defence and peace economics A1 - Setter, Oren A1 - Tishler, Asher SP - 133 EP - 155 VL - 18 IS - 2 N2 - An ever-growing share of defence R&D expenditures is being dedicated to the development and fielding of integrative technologies that enable separate individual systems to work in a coordinated and synergistic fashion as a single system. This study explores the optimal defence budget allocation to the development and acquisition of weapon systems and to the development of integrative technologies. We develop a suitable optimization framework, and then use it to derive the optimal budget allocation and analyse its properties. Finally, we use US defence budget data to calibrate the parameters of the model and provide a quantitative measure for the apparent US military supremacy.
LA - SN - 1024-2694 UR - http://dx.doi.org/10.1080/10242690600797273 ID - ref1 ER -