Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Thematic Session: Space Economics (Streaming) Location: B009 Session Chair: Jeffrey Wagner, Rochester Institute of Technology Session Chair: Daniel Kaffine, University of Colorado Boulder | |
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On the Social Cost of Orbital Debris University of Malaga, Spain Orbital debris represents a global environmental externality comparable to terrestrial ones and imposes a social cost on humanity. This paper quantifies the Social Cost of Orbital Debris (SCOD) using projections from an Integrated Assessment Model (IAM) linking economic activity with the space environment. The model generates optimal trajectories for orbital debris emissions and consumption for estimating the SCOD. Our findings indicate that the SCOD is about $84,200 per piece of debris larger than 1 cm in 2023, based on a 1.5% social discount rate and a relative risk aversion parameter of 1.5. Collision avoidance technologies significantly reduce the SCOD. | |