Protecting the military.

A simple two-sector model—a military sector that produces security and a civilian sector that produces consumption goods—is used to analyze the equilibrium adjustment of labor resources following a favorable shock that lowers the marginal benefits of security provided by military personnel. The ana...

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Bibliographic Details

Published in:	Southern Economic Journal Vol. 63; pp. 993 - 1006
Main Authors:	Bielling, Deborah A., Garfinkel, Michelle R.
Format:	Article
Published:	Southern Economic Association April 1997
Subjects:	Military reform United States armed forces Military base closures Decision making in military policy Resource allocation > Mathematical models Economics Game theory Human capital Mathematical models
Online Access:	View this record in EBSCOhost