Date of Award

3-16-2006

Document Type

Thesis

Degree Name

Master of Science in Cost Analysis

Department

Department of Systems Engineering and Management

First Advisor

Michael J. Hicks, PhD

Abstract

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 analysis showed that the U.S. Government is paying for physical and performance characteristics such as engine thrust, service ceiling, range, and large-scale integrated circuit technology. However, evidence suggests that the government is not paying to have a relative advantage over the enemy based on the physical and performance characteristics analyzed.

AFIT Designator

AFIT-GCA-ENV-06M-05

DTIC Accession Number

ADA449530

Included in

Econometrics Commons

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