Optimal resource extraction with uncertain reserves

We consider the problem of finding a plan that maximizes the expected discounted return when extracting a nonrenewable resource having uncertain reserves. An extraction plan specifies the rate at which the resource is extracted as a function of time until the resource is exhausted or the time horizon is reached. The return per unit of resource extracted may depend on the rate of extraction, time, and the amount of resource previously extracted. We apply a new method called the generalized search optimization technique to find qualitative features of optimal plans and to devise algorithms for the numerical calculation of optimal plans.     

Field test and probabilistic analysis of irregular steel debris casualty risks from a person-borne improvised explosive device

Person-borne improvised explosive devices (PBIEDs) are often used in terrorist attacks in Western countries. This study aims to predict the trajectories of PBIED fragments and the subsequent safety risks for people exposed to this hazard. An explosive field test with a typical PBIED composed of a plastic explosive charge and steel nut enhancements was performed to record initial fragment behaviour, including positions, velocity, and trajectory angles. These data were used to predict the full trajectory of PBIED fragments using a probabilistic analysis. In the probabilistic analyses a probability of fatality or serious injury was computed. Based on the results presented, many practical conclusions can be drawn, for instance, regarding safe evacuation distances if a person were exposed to a suspected PBIED.     

Optimal control for entry of many classes of customers to an M/M/1 queue

A method is developed for determining the optimal policy for entry of customers from many independent classes of Poisson arrivals to a first-come, first-serve (for customers admitted to the queue) single-server queue with exponential service times. The solution technique utilizes a semi-Markov formulation or the decision problem.     

Reconstruction,the Long Tail and Decentralisation: An Application to Iraq and Afghanistan

In this paper, we examine the current state of knowledge in the economics literature on the conduct of reconstruction activities in Iraq and Afghanistan. As stabilisation and reconstruction missions grow in importance for units deployed to these regions, it becomes more important to understand what activities can promote economic growth at the local level. While military operations focus on interdicting the insurgency, successful counter-insurgency campaigns have typically addressed the conditions conducive to the insurgency. Mitigating the incentives for individuals to participate in an insurgency is imperative. Well-crafted and timed reconstruction activities can, we argue, attenuate these incentives.     

Missile Strategy in a Post-Nuclear Age

While the arrival of nuclear weapons coincided roughly with the development of short, medium, intermediate, and eventually intercontinental missiles, the contribution of missile technology to the deterrence equation is often lost. If nuclear weapons were eliminated, even new generation missiles with conventional payloads could struggle to render effective deterrence. But some of the physical and psychological effects commonly ascribed to nuclear weapons could still be in play. And in a world without nuclear weapons, thinking about the use and control of force from the nuclear age would also deserve renewed attention.