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Government laboratories and industrial research organizations often choose to outsource research and development (R&D) services to other entities. They may do this to reduce costs, or to gain access to unique capabilities that would be difficult to assemble and maintain in-house. They may manage the process at arm's length, or may choose to be more actively involved. A virtual laboratory is a...
Using real options analysis we have developed a methodology to estimate the value of the revenue risk reduction that the government provides when it enters into a multi-year procurement (MYP) with a defense contractor. We apply methods used to price financial options to estimate the value of a notional MYP contract with a representative defense contractor. While the government often uses MYP contracts...
A new, highly accurate numerical method based on second-kind integral equations has been developed to solve electromagnetic scattering problems for closed conducting bodies in two dimensions. The method is approximately fourth-order convergent, owing to the use of accurate new quadrature formulas.<<ETX>>
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