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9781911116240

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. . . provides a concise description of the economics of the global weapons industry. Hartley is a pioneer in the subject of defense economics. He demonstrates impressive command of the statistical, institutional, and historical details of this complex industry. . . . Hartley applies industrial organization theory, game theory, public choice analysis, and the economics of technological change to the rich subject matter. The book is suitable for upper-level undergraduates looking for source material to inform a research paper, and as a reference for graduate students and faculty in economics or political science who specialize in defense studies. Essential.

. . . provides a concise description of the economics of the global weapons industry. Hartley is a pioneer in the subject of defense economics. He demonstrates impressive command of the statistical, institutional, and historical details of this complex industry. . . . Hartley applies industrial organization theory, game theory, public choice analysis, and the economics of technological change to the rich subject matter. The book is suitable for upper-level undergraduates looking for source material to inform a research paper, and as a reference for graduate students and faculty in economics or political science who specialize in defense studies. Essential. -- Choice Reviews

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Keith Hartley is Emeritus Professor of Economics at the University of York. He was founding Editor of the journal Defence and Peace Economics and has, over the past 30 years, been a regular consultant on defence matters to the UK Government, United Nations, European Defence Agency, and the US Department of Defense, as well as to various arms companies, including BAE Systems. He is one of the world’s leading defence economists having written over 500 articles, publications and reports, including over a dozen books.

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