How to establish a principled theoretical foundation for geoeconomics
The National Security Economic Theory (NASCENT) program will aim to establish a principled theoretical foundation for geoeconomics, enabling evidence-based economic statecraft and defining a rigorous scholarly field of quantitative geoeconomics.
The program seeks to achieve the following objectives:
- Test the technical hypothesis that economic mechanism design, computer science formal methods, and experimental economics can be combined to construct a robust scientific framework for geoeconomics
- Prevent strategic surprise by building the methodologies and tools necessary to both anticipate and mitigate unintended consequences of economic statecraft.
Program Manager David Dewhurst explains how the NASCENT program aims to establish a principled theoretical foundation for geoeconomics. | 1:35
