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Is there a bias toward excessive quality in defense procurement? (English) Zbl 1005.91090

Summary: Anecdotal evidence suggests that defense procurement processes lead to the purchase of weapons of apparently excessive quality. In this paper, we present a model that suggests that this could be the result of the timing and informational structure of procurement decisions.

MSC:

91F10 History, political science
Full Text: DOI

References:

[1] Gansler, J., The Defense Industry (1980), MIT Press: MIT Press Cambridge, MA
[2] Rogerson, W., Quantity vs. quality in military procurement, American Economic Review, 80, 83-92 (1990)
[3] Stubbing, R., The Defense Game (1986), Harper and Row: Harper and Row New York
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