What do we want?
- Intended Outcome -
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•Exploratory Products
–Glossary, Annotated Bibliography
–‘Field Map’ of the M&S Economics domain
–Taxonomy of M&S economics (cost, benefit, etc)
–M&S Market Model
–Cost Estimating Relationships (CERs)
–Generally accepted accounting principles (GAAP)
–Lessons-Learned Report… or ‘the book’
•Exploratory End-State
–Shared understanding of market structures, mechanisms and operations
–Improved capacity for ‘rational’ M&S market behaviors
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• Certainly we have a responsibility to indicate what the intended results of the proposed initiative are expected to be.
• While a formal product specification may be premature, a variety of the persistent visible products of our efforts are indicated in the chart.
• The suggested glossary, field map of the M&S economics domain and the market model are useful for developing a shared worldview of the domain of analysis.  Cost-estimating relationships and lessons-learned are useful for facilitating operational behaviors.
• In any case, we certainly hope to ‘make a difference’ in both the industry’s collective understanding of the economics of modeling an simulation and our individual and collective ability to operate effectively in the economic domain.