Basic Info

Dr. MK Zhu
Fellow Member
Ph.D., Economics, Northeastern University

Institution

Northeastern University

Stream

Management and Business

Department

Economist

Bio

MK Zhu is a senior economist with the Federal Aviation Administration (FAA).

Educational Journey

Interests

  • Economist

Notable Publications

Published On: 06 June 2023
Method of a Break-Even Analysis of Orbital Debris Mitigation and Remediation Costs
Through Monte Carlo simulations and a break-even analysis, this study monetizes the rising costs of orbital debris and space preservation. This study estimates the costs of allowing space debris tonpersist and proliferate using existing data and projections from the literature. This study assigns values to NASA's published space debris mitigation models to calculate the costs of space preservation. Estimating the costs of space debris has been hampered by a lack of information, owing primarily to commercial proprietary information. This study demonstrates how simple-realistic assumptions can transform sparse data into the foundation of a robust analysis. Furthermore, by conducting a break-even analysis of these costs based on defining quantitative variables in models, this study identifies the global cost savings and the likely timeline when the costs of space debris will equal the costs of space preservation. This study uses sensitivity analysis with alternative inputs to identify uncertainties in the costs of orbital debris and space preservation.

Publication

1. Monetizing orbital debris and space preservation shows a huge cost savings about $20 billion per year.
2. Big Sky #orbital-debris,#space.
3. Commercial hot-air-balloon medical certificate final rule.
4. Orbital Debris-the Tragedy of the Commons.
5. A break-even analysis of orbital debris and space preservation through monetization #Orbitaldebriscost, #SpacePreservationCost, #SpaceSafety.
     

Presented Conferences

    Elections

    No election

    Researcher's Badges

    Download Certificate