Informing
Policy
for Progress

Allocating Security Expenditures under Knightian Uncertainty: an Info-Gap Approach

In this paper we demonstrate a methodology aimed at coping with resource allocation under Knightian (non-probabilistic) uncertainty by focusing on the example of competing security measures. The results of this application to security resource allocation also allow us to postulate a possible positivist explanation for the way governments are allocating these expenditures today. We explore […]

Investment Policies in Defense R&D Programs

Investment in advanced defense technologies is a prominent characteristic of modern armed forces. The paper examines the optimal investment policy in developing such technologies, accounting for their S-shaped progress profile and the stochastic nature of the R&D process. We show that the optimal investment is a discontinuous function of the available budget, and that its […]

Defense R&D and Economic Growth in Israel: A Research Agenda, Science, Technology and the Economy Program STE-WP-4

When evaluating Israel’s high-tech capabilities and impressive economic achievements since inception, it is difficult not to recognize the important role played by defense and military developments. In particular, defense-related R&D had significant impacts on, as much as it was aided by, Israel’s industrial sector, higher educational system in science and engineering, research community, and the […]

The Contribution of Science to Israeli Security

This survey was commission by President of the Technion, Professor Zehev Tadmor, as part of a series of surveys on the contributions of science to the State of Israel on its 50th anniversary. The project was initiated by the Israel Academy of Sciences and Humanities. Even before the establishment of the State of Israel the […]