Subsidies in Interdependent Security With Heterogeneous Discount Rates
نویسندگان
چکیده
منابع مشابه
Subsidies in Interdependent Security with Heterogeneous Discount Rates
Optimizing resource allocation in interdependent security problems is a serious challenge for homeland security. In this article, we present the equilibrium strategies for multiple interdependent defenders in a model where threats occur over time. We show that the existence of myopic agents can make it undesirable for non-myopic agents to invest in security when it would otherwise be in their i...
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ژورنال
عنوان ژورنال: The Engineering Economist
سال: 2007
ISSN: 0013-791X,1547-2701
DOI: 10.1080/00137910601159722