Citation

Ho SJ. Def. Peace Econ. 2007; 18(6): 485-493.

Copyright

(Copyright © 2007, Informa - Taylor and Francis Group)

DOI

10.1080/10242690701197571

PMID

unavailable

Abstract

The purpose of this paper is to provide an economic analysis of military intelligence by using the approach in contract theory to understand when a spy will be hired by a country, why a spy will defect, and how the enemy can use a double agent to fight back. Most importantly, we will provide four solutions to this defection problem in a spy contract using related discussions in the economic literature.