1998
DOI: 10.1016/s0895-7177(98)00073-9
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A simple decision model of counterproliferation

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Cited by 2 publications
(3 citation statements)
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“…As in McCormick and Owen (1998), there are two parameters, θ and τ , which correspond to the speed with which (a) an Entrant is able to complete his weapons development program, and (b) the Incumbent discovers that the program is underway. More specifically, the time at which the Entrant's first weapons system is deployed, W , and the time at which his program is discovered, Z, are two exponential random variables with parameters θ and τ , respectively.…”
Section: The Basic Modelmentioning
confidence: 99%
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“…As in McCormick and Owen (1998), there are two parameters, θ and τ , which correspond to the speed with which (a) an Entrant is able to complete his weapons development program, and (b) the Incumbent discovers that the program is underway. More specifically, the time at which the Entrant's first weapons system is deployed, W , and the time at which his program is discovered, Z, are two exponential random variables with parameters θ and τ , respectively.…”
Section: The Basic Modelmentioning
confidence: 99%
“…The Incumbent, himself, however, is also a player in this game and the choices he makes will have a bearing on the calculations and decisions made by any future rivals. In McCormick and Owen (1998) we studied the alternatives that the Incumbent faces once an Entrant has decided to enter. As our findings in this work already show, however, the Incumbent (by signaling his type) can also influence a future Entrant's decision to act or not act in the first place, depending upon how he chooses to respond to early challenges.…”
Section: Playing Against Multiple Entrantsmentioning
confidence: 99%
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