Abstract
The classical Richardson model of the arms race has received a number of criticisms on a priori grounds. These include the model's permitting the level of arms to achieve unlimited values, the inability of the model to produce the cyclical behavior which is apparent in real races, and its ignoring exogenous budgetary effects. We sequentially respond to each of these criticisms proposing increasingly more complex models as we proceed. The resulting behavior becomes more complex with the final model displaying quasi-periodic behavior.
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