ABSTRACT
Defense reforms typically involve politically charged debates over investments (in projects, programs, or policies) as well as contentious divestment decisions-from base realignment and closure (BRAC) to outsourcing and asset sales. A powerful contribution of CBA is to inform such complex and contentious decisions-carefully structuring the problem and capturing relevant costs and benefits of alternative courses of action. Lifting the veil on military CBA, this edited volume reveals several systematic quantitative approaches to assess defense investments (or divestments), combined with a selection of real-world applications.
