Profit Regulation of Defense Contractors and Prizes for Innovation
论证国防采购监管制度必然通过生产合同的正经济利润来创造创新奖励，并利用股票市场数据估算12个大型航空航天项目的奖励价值，显示其数额巨大。
This paper argues that regulatory institutions in defense procurement are (and necessarily must be) organized to create prizes for innovation in the form of positive economic profit on production contracts. This has a number of important policy implications. The values of the prizes on twelve major aerospace projects are estimated using stock-market data and are shown to be large. Copyright 1989 by University of Chicago Press.