Solving defense problems with Sophomore economics
Some confusion appears to exist about the relationship between quantitative analysis and subjective judgment in the practice of systems analysis. Partly responsible is the improper […]
systems analysis
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 […]
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 ineffectiveness of cost-effectiveness analyses
Cost Operational Effectiveness Analyses (COEA). The COEA done for the major Army projects are of spotty quality and in some cases non-existent. What should be […]
Kling Answers a Question on Defense Economics
Here’s my question to Arnold Kling: I was wondering if you could comment on the fact that you’ll never see papers or courses in defense […]
David Packard pitches prototyping
There are two practices which have consistently led to excessive costs and unsatisfactory results in the development and procurement of weapons systems. One is the excessive reliance on paper studies and paper analysis. The other problem is the concurrency between development and production.