Accession Number : AD0731868
Title : Measurement and Selection of Defense,
Corporate Author : CENTER FOR NAVAL ANALYSES ALEXANDRIA VA
Personal Author(s) : Canes, Michael E.
Report Date : AUG 1971
Pagination or Media Count : 28
Abstract : The paper suggests a measure of the value of defense; namely, reduction in the cost of repairing or replacing capital items subjected to attack. Using this measure, a decision rule is advanced that allows calculation of how much resource to devote to defense. The suggested decision rule is argued to be superior to two alternatives: a budget rule that maximizes defense subject to a budget constraint, and a requirements rule that minimizes cost subject to a required level of defense. The practical use of the suggested decision rule is discussed and some possible applications given. (Author)
Descriptors : *DEFENSE SYSTEMS, DECISION MAKING, COSTS, FEDERAL BUDGETS.
Subject Categories : Defense Systems
Economics and Cost Analysis
Distribution Statement : APPROVED FOR PUBLIC RELEASE