How to Pay for the Peace? A Theoretical Framework with References to African Countries
This paper analyzes a simple game-theoretic model to highlight the choice of the government between raising its defense expenditures or giving away some 'gifts' to his opponents as a means to defend his position in power. If the government is a Cournot-Nash player, then there is no gift in equilibrium and any increase in the budget will lead to more inefficient defense expenditures. However, if the government is a Stackelberg leader, then he will use the gift as a tool in his policy for staying in power. Copyright 1995 by Kluwer Academic Publishers
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
When requesting a correction, please mention this item's handle: RePEc:kap:pubcho:v:83:y:1995:i:1-2:p:173-84. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If references are entirely missing, you can add them using this form.