A Dynamic Retention Model for Air Force Officers: Theory and Estimates

Abstract

This report describes the theory and methodology for estimating the parameters of a dynamic retention model for Air Force officers. The model was designed to estimate voluntary retention rates under a broad range of compensation, retirement, and personnel policies. It is a decisions model of the decisionmaking process of individuals making stay/leave decisions over time in an uncertain environment, which allows it to predict policy changes that have no historical analogues. The report presents the theory and estimated parameters of the model, compares actual retention rates and those predicted by the model, and two competing models, and examines five illustrative changes in compensation policies.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1984
Accession Number
ADA149736

Entities

People

  • Glenn A. Gotz
  • John J. Mccall

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Active Duty
  • Air Force
  • Air Force Personnel
  • Business Administration
  • Commercial Pilots
  • Computer Programs
  • Congress
  • Databases
  • Employment
  • Enlisted Personnel
  • Management Personnel
  • Military Personnel
  • Personnel Management
  • Random Variables
  • Revenue
  • Training
  • United States

Readers

  • Naval Personnel Management
  • Systems Analysis and Design