Extension of Max-Min Theory to the Sunk Investment Problem Arising in Strategic Systems Selection Decisions,
Abstract
The selection of strategic retaliatory systems is one of the most significant problems facing the United States today. In this report, the authors develop and solve the mathematical model for a general mix of percentage vulnerable and numerically vulnerable systems. Percentage vulnerable systems consist of mobile weapons which are difficult to locate but relatively easy to destroy once located; numerically vulnerable systems are comprised of easily located fixed base weapons which are difficult to destroy. The distinguishing feature of this analysis is that it incorporates into the model the value of both the attacker's and the retaliator's existing weapon systems. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- May 19, 1971
- Accession Number
- AD0725494
Entities
People
- Edgar A. Cohen Jr.
- Kenneth D. Shere
Organizations
- Naval Ordnance Laboratory