EXECUTIVE TAKEAWAYS Executive Takeaways
■ How does intelligence quality about an adversary affect the choice between preemption vs. fortification? ■ If the cost of preemption is higher than the cost of fortification, a country avoids preemption. ■ In such a case, it does not automatically fortify. ■ We identify conditions under which intelligence adds value. ■ We also identify conditions under which ability to preempt adds value.
Aniruddha Bagchi, Professor of Economics
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