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Nuclear Arms Race and Environment

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  • Li, Anpeng

Abstract

This paper introduces a new factor, environment, into nuclear arms race model. In this model, nuclear weapons produce larger defense power compared with conventional arms, but hurt the environment meanwhile. In the global welfare maximum level, both conventional and nuclear weapons budget are zero. However, the competitive equilibrium may not achieve the optimum. I give the condition to jump out of the prisoner's dilemma.

Suggested Citation

  • Li, Anpeng, 2012. "Nuclear Arms Race and Environment," MPRA Paper 43883, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:43883
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    File URL: https://mpra.ub.uni-muenchen.de/43883/1/MPRA_paper_43883.pdf
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    References listed on IDEAS

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    Cited by:

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    More about this item

    Keywords

    nuclear arms race; environment; prisoner's dilemma; endogenous Richardson model;
    All these keywords.

    JEL classification:

    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War

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