Cost benefit assessment of NASA remote sensing technology transferred to the State of Georgia
The benefits involved in the transfer of NASA remote sensing technology to eight Georgia state agencies are identified in quantifiable and qualitative terms, and a value for these benefits is computed by means of an effectiveness analysis. The benefits of the transfer are evaluated by contrasting a baseline scenario without Landsat and an alternative scenario with Landsat. The net present value of the Landsat technology being transferred is estimated at 9.5 million dollars. The estimated value of the transfer is most sensitive to discount rate, the cost of photo acquisition, and the cost of data digitalization. It is estimated that, if the budget is constrained, Landsat could provide data products roughly seven times more frequently than would otherwise be possible.