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| 1 |
ID:
171016
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| Summary/Abstract |
This article analyses the defence industrial market using an agent-based model. The model draws a simplified version of the sector regarding the market agents and their conduct based on empirical data and commonly observed micro-regularities. Its computer implementation is initially tested on a simple scenario to verify its realism. Afterwards, some specific scenarios, caused by government industrial policies, are assessed. The main finding is the capability of the model to reproduce the behaviour of market agents and to replicate the evolution of the macroeconomic indicators and patterns normally seen under different, but common conditions and policies (e.g. free market, discriminatory procurement, licensed production or multilateral development and production). This suggests a powerful tool for gaining further insight and exploring government policies in this important economic sector.
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| 2 |
ID:
103185
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| Publication |
2011.
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| Summary/Abstract |
This paper analyses the industry that produces the goods and services required to protect citizens from insecurity. It presents a definition of this economic sector useful in setting its boundaries, and it briefly describes the main types of industries operating within the sector. The paper introduces some ideas for a research agenda that could assist in unveiling the main features of this industry, as well as its strengths and weaknesses, to solve the security needs of society in an efficient and effective manner. It analyses methods for gathering information regarding suppliers, customers, and other market agents. Finally, it outlines ways for assessing market performance. The rational behind the agenda, the various approaches and the potential difficulties to be faced, should the agenda be implemented, are shortly outlined.
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