Non-convexities and the gains from concealing defenses from committed terrorists
How should countries defend against committed terrorists who attack until defeated? We identify a fundamental non-convexity--one only needs to defeat the terrorist once. Consequently, provided a country values targets similarly, it should conceal defenses and allocate defense resources randomly.
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- Vicki Bier & Santiago Oliveros & Larry Samuelson, 2007.
"Choosing What to Protect: Strategic Defensive Allocation against an Unknown Attacker,"
Journal of Public Economic Theory,
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