Operations Research at the Swiss Military Academy: Supporting Military Decisions in the 21st Century
Peter T. Baltes (),
Mauro Mantovani () and
Beat Suter ()
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Peter T. Baltes: Swiss Military Academy at ETH Zurich
Mauro Mantovani: Swiss Military Academy at ETH Zurich
Beat Suter: Swiss Military Academy at ETH Zurich
A chapter in Operations Research Proceedings 2010, 2011, pp 591-596 from Springer
Abstract:
Abstract At the beginning of the 21st century, there is a general consensus that most military operations have experienced a fundamental shift towards supporting the efforts of civil authorities. Consequently, research and curricula of institutions devoted to the training of military personnel must reflect these changes. This research illustrates the respective implications for the case of the Swiss Military Academy. In particular, it highlights the joint effort of two chairs (Economics of Defence/Strategic Studies) in the field of Operations Research/Military Decision Theory. • Mauro MANTOVANI develops a model comprising the preconditions necessary for the reemergence of a state-to-state conflict with military means within Europe, which, in principle, allows for early-warning against upcoming inter-state military conflicts in general. • Peter T. BALTES and Beat SUTER investigate if the Real Option Approach developed in Investment and Finance can provide an answer on when to rely on a surge as well as how to design it.
Keywords: Real Option; Military Personnel; Core Variable; Military Spending; Real Option Approach (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-642-20009-0_93
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DOI: 10.1007/978-3-642-20009-0_93
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