Opportunity costs of defence: A comment on Dabelko and McCormick
Författare
Summary, in English
A critical appraisal is made of an article in this journal by Dabelko and McCormick. In the article, the authors try to estimate the opportunity cost of defence. With simple tools from economic analysis it is shown that their methodological approach reveals a fundamental misunderstanding of this important and useful concept. In the final section, some difficulties encountered when attempting a correct empirical analysis of opportunity costs are briefly discussed, and some of the important factors to consider are pointed out.
Avdelning/ar
Publiceringsår
1984
Språk
Engelska
Sidor
389-394
Publikation/Tidskrift/Serie
Journal of Peace Research
Volym
21
Issue
4
Dokumenttyp
Artikel i tidskrift
Förlag
SAGE Publications
Ämne
- Economics
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 1460-3578