TY - JOUR
T1 - Theory and application to the US military
AU - Setter, Oren
AU - Tishler, Asher
PY - 2007/4
Y1 - 2007/4
N2 - An ever-growing share of defence R&D expenditures is being dedicated to the development and fielding of integrative technologies that enable separate individual systems to work in a coordinated and synergistic fashion as a single system. This study explores the optimal defence budget allocation to the development and acquisition of weapon systems and to the development of integrative technologies. We develop a suitable optimization framework, and then use it to derive the optimal budget allocation and analyse its properties. Finally, we use US defence budget data to calibrate the parameters of the model and provide a quantitative measure for the apparent US military supremacy.
AB - An ever-growing share of defence R&D expenditures is being dedicated to the development and fielding of integrative technologies that enable separate individual systems to work in a coordinated and synergistic fashion as a single system. This study explores the optimal defence budget allocation to the development and acquisition of weapon systems and to the development of integrative technologies. We develop a suitable optimization framework, and then use it to derive the optimal budget allocation and analyse its properties. Finally, we use US defence budget data to calibrate the parameters of the model and provide a quantitative measure for the apparent US military supremacy.
KW - Budget allocation
KW - Integrative technologies
KW - Research and Development
UR - http://www.scopus.com/inward/record.url?scp=33947286721&partnerID=8YFLogxK
U2 - 10.1080/10242690600797273
DO - 10.1080/10242690600797273
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AN - SCOPUS:33947286721
SN - 1024-2694
VL - 18
SP - 133
EP - 155
JO - Defence and Peace Economics
JF - Defence and Peace Economics
IS - 2
ER -