The meaning of competition: a guided reading (part III)
This is the final part in a guided reading of Friedrich Hayek’s classic paper, The Meaning of Competition.
Month: January 2019
Where should Congress focus on weapons choice?
In terms of R. & D. projects, Congress by their own admission can only sample perhaps 10 to 15 percent of the hundreds of unrelated […]
The Exchange reacts to itself
The factors that determine activity on the Exchange are innumerable, with events, current or expected, often bearing no apparent relation to price variation. Beside the […]
Sunday Links
Army acquisition chief answers questions, seems involved in day-to-day program decisions. Map showing where the US military operates across the world. Interesting. … in a recent […]
The meaning of competition: a guided reading (part II)
This is part two in a three part guided reading of Friedrich Hayek’s classic paper, The Meaning of Competition.
Boeing’s KC-46 struggles, but here’s the payoff
The U.S. Air Force on Thursday finally accepted and took ownership from Boeing of its first KC-46A air-to-air refueling tanker, though it pointed to flaws […]
What causes buy-ins on production?
When people in defense talk about “buy-ins”, they are talking about a contractor who purposefully under-bids on a competitively awarded contract. Instead of expecting losses […]
The meaning of competition: a guided reading (part I)
This is part one in a three part guided reading of Friedrich Hayek’s classic paper, The Meaning of Competition. Let’s jump right into it…
Prediction problems in the acquisition process
The Divad gun program was authorized to use for its procurement an accelerated unconventional acquisition strategy which was approved at a 1977 DSARC meeting when […]
Public vs. private innovation
I like to break down innovation into experimentation, evaluation, and evolution. I think that government has a disadvantage at all three.
Sunday Links
I guess we’ll never learn the ills of concurrency. Who keeps Congress accountable for bad decisions? Here’s Navy Matters on the CVN-78. Interesting Quora thread […]
A discussion on program office organization
Following up on the podcast, here’s a bonus Q&A with the gracious Victor Deal: Eric: During the podcast, you said: “There’s this sense that perhaps […]
Americans in love with analysis
You Americans are mad. You analyze and analyze where we have one-man who makes a decision, and the difference is 5 percent in the resulting answers.
The innovator’s dilemma of weapon systems
Let’s say the Government has awarded R&D work to a contractor. During the course of the contract, the engineering team spontaneously generates new insight. The […]
An auction trilemma?
These results imply an auction trilemma. Static, strategy-proof, or credible: An optimal auction can have any two of these properties, but not all three at […]