Measurement and Selection of Defense,
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)
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 01, 1971
- Accession Number
- AD0731868
Entities
People
- Michael E. Canes
Organizations
- Center for Naval Analyses