A Resource Allocation Model with Development Costs and Prior Investments

The theory of max-min is extended to cover the incorporation of both prices of admission and previously committed resources into a mathematical model having direct application to the allocation of resources among retaliatory, strategic weapon systems. In the absence of prices of admission and previo...

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Bibliographische Detailangaben
1. Verfasser: Shere, Kenneth D
Format: Report
Sprache:eng
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Zusammenfassung:The theory of max-min is extended to cover the incorporation of both prices of admission and previously committed resources into a mathematical model having direct application to the allocation of resources among retaliatory, strategic weapon systems. In the absence of prices of admission and previously committed resources, the model reduces to a zero-sum, two-person, continuous game with a continuous payoff function.