On the Cost-effectiveness Approach to Military R&D : A Critique.
Expert InsightsPublished 1966
A study that states the main limitations and hazards of the cost-effectiveness approach in clarifying military choices, develops some aspects of the management problem raised by these limitations and hazards, and reviews these aspects with special reference to R&D decisions. It is emphasized that exaggerating the assistance that the cost-effectiveness approach can give to the policymaker is particularly dangerous in the case of R&D choices. Empirical studies of the values and dangers of CE guidance are recommended. 12 pp.
Document Details
- Copyright: RAND Corporation
- Availability: Web Only
- Year: 1966
- Pages: 12
- DOI: https://doi.org/10.7249/pubs
- Document Number: P-3390
Citation
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