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来源类型 | Publication |
Allocating Security Expenditures under Knightian Uncertainty: an Info-Gap Approach | |
Dr. Michael Ben-Gad; Prof. Yakov Ben-Haim; Prof. Dan Peled | |
发表日期 | 2007-02 |
出版年 | 2007 |
语种 | 英语 |
摘要 | In this paper we demonstrate a methodology aimed at coping with resource allocation under Knightian (non-probabilistic) uncertainty by focusing on the example of competing security measures. The results of this application to security resource allocation also allow us to postulate a possible positivist explanation for the way governments are allocating these expenditures today. We explore the determination of the level and nature of government expenditures that affect security in different ways, and demonstrate that it is better to robust- satisfice the citizen's expected utility rather than to attempt to maximize it. Moreover, our analysis highlights one rationale for heightened spending on one set of defense measures, when there is less reliable information about threats to national security and their consequences. |
URL | https://www.neaman.org.il/EN/Allocating-Security-Expenditures-Knightian-Uncertainty-Info-Gap-Approach |
来源智库 | Science and Technology Policy Institute (Republic of Korea) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/472078 |
推荐引用方式 GB/T 7714 | Dr. Michael Ben-Gad,Prof. Yakov Ben-Haim,Prof. Dan Peled. Allocating Security Expenditures under Knightian Uncertainty: an Info-Gap Approach. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
6078807552_201704261(8KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | ![]() 浏览 | ||
expan.pdf(1396KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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