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 |
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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