Is there a bias toward excessive quality in defense procurement?

Eli Feinerman, Jonathan Lipow

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

Abstract

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.

Original languageEnglish
Pages (from-to)143-148
Number of pages6
JournalEconomics Letters
Volume71
Issue number1
DOIs
StatePublished - Apr 2001

Keywords

  • Defense procurement
  • H 57
  • Uncertainty
  • Weapon quality

Fingerprint

Dive into the research topics of 'Is there a bias toward excessive quality in defense procurement?'. Together they form a unique fingerprint.

Cite this