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Arms Races

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  • Michael Intriljgator
  • Dagobert Brito

Abstract

Recent developments in arms races and their theoretical analysis are treated, including the changing nature of arms races and their impacts on arms expenditure and international stability. The dominant East-West arms race of the Cold War has ended, but arms races still exist, and it is likely that even greater instabilities exist after the Cold War. Future analyses must take account of both increasing returns to scale in production and sophisticated projections of weapons levels. Recent results from the theory of repeated games, including rational learning, may provide the needed foundation for a new paradigm for the arms race.

Suggested Citation

  • Michael Intriljgator & Dagobert Brito, 2000. "Arms Races," Defence and Peace Economics, Taylor & Francis Journals, vol. 11(1), pages 45-54.
    • Handle: RePEc:taf:defpea:v:11:y:2000:i:1:p:45-54
    DOI: 10.1080/10430710008404938
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    References listed on IDEAS

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    1. Charles H. Anderton, 1989. "Arms Race Modeling," Journal of Conflict Resolution, Peace Science Society (International), vol. 33(2), pages 346-367, June.
    2. Michael D. Intriligator & Dagobert L. Brito, 1987. "Can Arms Races Lead to the Outbreak of War?," International Economic Association Series, in: Christian Schmidt (ed.), The Economics of Military Expenditures, chapter 9, pages 180-196, Palgrave Macmillan.
    3. Dagobert Brito & Michael Intriligator, 1999. "Increasing returns to scale and the arms race: The end of the Richardson paradigm?," Defence and Peace Economics, Taylor & Francis Journals, vol. 10(1), pages 39-54.
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    5. Intriligator, Michael D, 1975. "Strategic Considerations in the Richardson Model of Arms Races," Journal of Political Economy, University of Chicago Press, vol. 83(2), pages 339-353, April.
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    7. Charles H. Anderton, 1985. "A Selected Bibliography of Arms Race Models and Related Subjects," Conflict Management and Peace Science, Peace Science Society (International), vol. 8(2), pages 99-122, February.
    8. Brito, D L, 1972. "A Dynamic Model of an Armaments Race," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 13(2), pages 359-375, June.
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    Cited by:

    1. Karl Skogstad, 2016. "Defence budgets in the post-Cold War era: a spatial econometrics approach," Defence and Peace Economics, Taylor & Francis Journals, vol. 27(3), pages 323-352, June.
    2. Abu-Qarn, Aamer S. & Abu-Bader, Suleiman, 2009. "On the dynamics of the Israeli-Arab arms race," The Quarterly Review of Economics and Finance, Elsevier, vol. 49(3), pages 931-943, August.

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