Abstract

http://ssrn.com/abstract=1066072
 
 

References (22)



 
 

Citations (8)



 


 



Choosing What to Protect: Strategic Defensive Allocation Against an Unknown Attacker


Vicki M. Bier


affiliation not provided to SSRN

Santiago Oliveros


University of London, Royal Holloway College - Department of Economics

Larry Samuelson


Yale University - Department of Economics

2005-11-21

Journal of Public Economic Theory, Vol. 9, Issue 4, pp. 563-587, August 2007

Abstract:     
We study a strategic model in which a defender must allocate defensive resources to a collection of locations and an attacker must choose a location to attack. In equilibrium, the defender sometimes optimally leaves a location undefended and sometimes prefers a higher vulnerability at a particular location even if a lower risk could be achieved at zero cost. The defender prefers to allocate resources in a centralized (rather than decentralized) manner, the optimal allocation of resources can be non-monotonic in the value of the attacker's outside option, and the defender prefers her defensive allocation to be public rather than secret.

Number of Pages in PDF File: 26

Accepted Paper Series





Date posted: December 11, 2007  

Suggested Citation

Bier, Vicki M. and Oliveros, Santiago and Samuelson, Larry, Choosing What to Protect: Strategic Defensive Allocation Against an Unknown Attacker (2005-11-21). Journal of Public Economic Theory, Vol. 9, Issue 4, pp. 563-587, August 2007. Available at SSRN: http://ssrn.com/abstract=1066072 or http://dx.doi.org/10.1111/j.1467-9779.2007.00320.x

Contact Information

Vicki M. Bier (Contact Author)
affiliation not provided to SSRN ( email )
Santiago Oliveros
University of London, Royal Holloway College - Department of Economics ( email )
Royal Holloway College
Egham
Surrey, Surrey TW20 0EX
United Kingdom
Larry Samuelson
Yale University - Department of Economics ( email )
28 Hillhouse Ave
New Haven, CT 06520-8268
United States
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References:  22
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