National Intelligence: An Economic Perspective

Open Access
Author:
Ryan, Mark Stephen
Area of Honors:
Economics
Degree:
Bachelor of Science
Document Type:
Thesis
Thesis Supervisors:
  • Colin Ashley Knapp, Thesis Supervisor
  • Russell Paul Chuderewicz, Honors Advisor
  • James R. Tybout, Faculty Reader
Keywords:
  • Economics
  • Security
  • Intelligence
Abstract:
Since 9/11, the U.S. Intelligence Community has been scrutinized and evaluated for their effectiveness and efficiency in preventing terror attacks and combating foreign threats to national security. Several mistakes and poor intelligence conclusions have led to several reforms and scrutinization of the entire intelligence process. This paper will look at the national intelligence from an economic perspective and use economic techniques to model the market for intelligence. Because of the classified nature of the intelligence process and the lack of transparency between the taxpayer and government, there are many information issues that impede the market for intelligence from reaching equilibrium. This paper will help model this market, and its current inefficiencies, while proposing policies to help increase the likelihood of reaching equilibrium in the future.