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Economics of defense R&D

In: Handbook of Defense Economics

  • Lichtenberg, Frank R.

This chapter examines a number of aspects of defense R&D, including: mechanisms -- design competitions, and independent R&D subsidies -- used by the US government to encourage firms to invest their own funds in defense R&D; theory and evidence concerning both the private and social benefits of, or returns to, R&D conducted by defense contractors; the effect of defense R&D on nondefense R&D investment; the response of government decision-makers to cost information yielded by defense R&D; and the dynamic optimality of R&D projects.

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This chapter was published in:
  • Keith Hartley & Todd Sandler (ed.), 1995. "Handbook of Defense Economics," Handbook of Defense Economics, Elsevier, edition 1, volume 1, number 1, 00.
  • This item is provided by Elsevier in its series Handbook of Defense Economics with number 1-15.
    Handle: RePEc:eee:hdechp:1-15
    Contact details of provider: Web page: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description

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