Figure 4 - uploaded by Jenny Herald
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The purpose of this study was twofold: (1) to capture the United States Government's revealed preference for air superiority using the hedonic pricing approach (HPA), and (2) to compare the characteristics of U.S. Air Force (USAF) fighter aircraft with those of the former Soviet Union to evaluate the effectiveness of the USAF fleet. The resulting a...
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Context 1
... quote J.F.C. Fuller, a Major General in the British army, military historian, and strategist, It is absolutely true in war, were other things equal, that numbers – whether men, shells, bombs, etc. – would be supreme. Yet it is also absolutely true that other things are never equal and can never be equal. There is always a difference, and it is the differences, which by begging to differ so frequently throw all calculations to the winds. (Westenhoff, 1990:59) J.F.C. Fuller summarized the art of war well. The difference that distinguishes US military forces from other combat powers is its precise weapons systems and sophisticated aircraft design . The differences that J.F.C. Fuller speaks of will be empirically derived using a revealed preference method called hedonics. There is no question that the DoD has funded many efforts that support the air superiority doctrine outlined for the USAF. An appreciable amount of money has been allocated to the DoD for this purpose. As seen in Fig. 4, the real cost of aircraft has increased substantially since the ...
