Military Cost-Benefit Analysis: Theory and practice (Routledge Studies in Defence and Peace Economics)

(Melese) Francois Melese, Anke Richter, Binyam Solomon

ISBN 10: 113885042X / ISBN 13: 9781138850422

Published by Routledge, 2015

About this Item

Book has a tiny bump to one corner, small scuff at bottom of spine. otherwise book is excellent, very clean and sharp, looking nearly as new.

Seller Inventory # 975768

Bibliographic Details

• Title: Military Cost-Benefit Analysis: Theory and practice (Routledge Studies in Defence and Peace Economics)
• Publisher: Routledge
• Publication Date: 2015
• Language: English
• ISBN 10: 113885042X
• ISBN 13: 9781138850422
• Binding: Hardcover
• Condition: Near Fine
• Seller catalogs:
  • Counter Box

About this title

Synopsis

This is the first comprehensive book on Military Cost-Benefit Analysis and provides novel approaches to structuring cost-benefit and affordability analysis amidst an uncertain defense environment and cloudy fiscal prospects. Lifting the veil on military Cost-Benefit Analysis, this volume offers several new practical tools designed to guide defense investments (and divestments), combined with a selection of real-world applications.

The widespread employment of Cost-Benefit Analysis offers a unique opportunity to transform legacy defense forces into efficient, effective, and accountable 21st century organizations. A synthesis of economics, statistics and decision theory, CBA is currently used in a wide range of defense applications in countries around the world: i) to shape national security strategy, ii) to set acquisition policy, and iii) to inform critical investments in people, equipment, infrastructure, services and supplies. As sovereign debt challenges squeeze national budgets, and emerging threats disrupt traditional notions of security, this volume offers valuable tools to navigate the political landscape, meet calls for fiscal accountability, and boost the effectiveness of defense investments to help guarantee future peace and stability.

A valuable resource for scholars, practitioners, novices and experts, this book offers a comprehensive overview of Military Cost-Benefit Analysis and will appeal to anyone interested or involved in improving national security, and will also be of general interest to those responsible for major government programs, projects or policies.

About the Author

Francois Melese is Professor of Economics at the Defense Resources Management Institute (DRMI) in the Graduate School of Business and Public Policy at the Naval Postgraduate School, USA.

Anke Richter is Professor of Operations Research at the Defense Resources Management Institute (DRMI) in the Graduate School of Business and Public Policy at the Naval Postgraduate School, USA.

Binyam Solomon is a Senior Scientist with Defence Research and Development Canada.