Valuing the indeterminable? Three perspectives on the value proposition of the New Zealand Naval Combat Force
April 12, 2023
NZIER has developed three approaches to providing an economic value to the Naval Combat Force, including using 1000minds discrete choice experiments and scenario analysis. It shows that non-market valuation techniques can be applied even for something as complex as ANZAC frigates.
The summary report is available via the New Zealand Defence Force's website.
A report for the New Zealand Defence Force.
This paper was prepared at NZIER by Derek Gill of the New Zealand Institute of Economic Research and Jim Rolfe of the New Zealand Centre for Strategic Studies.