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Cost Benefit Assessment

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Part of the book series: Encyclopedia of Earth Sciences Series ((EESS))

Synonyms

Cost savings; Economic benefit; Net benefit; Societal benefit; Value of information

Definition

The “costs” of remote sensing usually refer to the direct monetary costs of designing, testing, constructing, deploying, operating, and maintaining the hardware (instruments, platforms, supporting infrastructure, communications networks) of remote sensing devices. These are typically the cameras, radar, lidar, or other instruments carried on aircraft or spacecraft for purposes of observing Earth processes (in situ remote sensing involves the hand-carrying of these devices). Costs also include the expenses of designing, testing, operating, and maintaining the software and other tools associated with using the data acquired from remote sensing instruments. Additional costs include those of personnel and may range from salaries of administrative and engineering experts to training and salaries of scientific researchers and the final “consumers” who use remote sensing for decision...

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Correspondence to Molly Macauley .

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© 2014 Springer Science+Business Media New York

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Macauley, M. (2014). Cost Benefit Assessment. In: Njoku, E.G. (eds) Encyclopedia of Remote Sensing. Encyclopedia of Earth Sciences Series. Springer, New York, NY. https://doi.org/10.1007/978-0-387-36699-9_22

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