Nash Bargaining as a Military Decision Tool: An Example from Base Closure

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Abstract:

This article addresses the choice problem of a military decision maker who faces a large number of competing projects proposed by several subordinate organizations. Deciding which projects to approve based on subjective assessments risks alienating stakeholders by appearing arbitrary or unfair, but an objective evaluation of each project involves costly data gathering and verification. In this article, the authors propose the Nash bargaining solution (NBS) as an attractive selection rule. It incorporates a transparent notion of fairness and does not require costly assessments by the decision maker. The authors illustrate its possible application with an example from base realignment and closure (BRAC).

Document Type: Research Article

DOI: http://dx.doi.org/10.5711/1082598316219

Publication date: June 1, 2011

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  • Military Operations Research will no longer be hosted by ingentaconnect as of March 1, 2015. Subscriptions and access to issues for subscribers will be available through the MORS website Journal page here: http://www.mors.org/Publications/MOR-Journal For assistance please contact Liz Marriott liz.marriott@mors.org or 703-933-9071.
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