Accession Number:

ADA076233

Title:

A Sequential Analysis of the Air Force Officer's Retirement Decision.

Descriptive Note:

Interim rept.,

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

• Gotz ,Glenn A.
• McCall,John J.

Report Date:

1979-10-01

Pagination or Media Count:

89.0

Abstract:

A stochastic dynamic programming model that explicitly examines the incentives to retire from the military is developed and numerically evaluated. The dynamic program includes the most significant institutional factors affecting an Air Force Offices retirement decision actual data on promotion probabilities, officers pay and allowances, and retirement pay are embedded in the model. The note is a progress report research generalizing the model presented in this note will be presented in a future report. Author

Descriptors:

• *OFFICER PERSONNEL
• *DYNAMIC PROGRAMMING
• *RETIREMENT(PERSONNEL)
• MATHEMATICAL MODELS
• DECISION MAKING
• AIR FORCE PERSONNEL
• TABLES(DATA)

Subject Categories:

• Personnel Management and Labor Relations
• Numerical Mathematics

Distribution Statement:

APPROVED FOR PUBLIC RELEASE