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Willingness to pay for defense against weapons of mass destruction
J M Mulvaney1, D LaBarre, R Pastel
1Applied Economics Program, Johns Hopkins University, Washington, DC, USA. mulvaney@mx.afrri.usuhs.mil
Abstract:
A survey assessed the willingness to pay for defense against weapons of mass destruction. The results were evaluated according to the benefit to society. The results indicated preferences for increased spending on intelligence gathering, training, and equipment. We concluded that the United States is spending less for weapons of mass destruction defense than the sample population was willing to pay.
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