Journal of Political Economy Vol. 65 No. 6 1957
Economic Problems of Alliance
Abstract
After discussing the customary view taken of alliance economics and its drawbacks the argument considers alternative views. Narrow tests of economic efficiency in military allocations are seen to be sharply restricted in applicability, while a broad formulation in terms of game theory avoids these restrictions at the overriding cost of unworkability. Yet some workable compromise must be evolved to handle urgent practical problems, and one way is suggested by the ttraditional treatment of civilian trade problems. The outstanding issues confronting any such treatment of burdensharing problems and the choice of military means are then sketched.
- DOI
- 10.1086/257986
- Volume
- 65
- Issue
- 6
- Pages
- 522-534
- Language
- en
- Sources
- openalex crossref