• Welcome to the most recent of a series of events
addressing the topic: “The Economics of Modeling and Simulation”
• These events are intended to facilitate the
collegial exploration of M&S economics.In conducting this exploratory, we should be able to crystallize our
current understanding of the state of M&S economics.We should generate products capturing
current wisdom, lessons-learned, and prospective action.And finally, we should derive value in
understanding M&S economics and being better able to operate as
‘rational’ players in the M&S market.