Assessing and Valuing Historical Geospatial Data for Decisions
Abstract
We will present a method for assessing the use and valuation of historical geospatial data and information products derived from Earth observations (EO). Historical data is widely used in the establishment of baseline reference cases, time-series analysis, and Earth system modeling. Historical geospatial data is used in diverse application areas, such as risk assessment in the insurance and reinsurance industry, disaster preparedness and response planning, historical demography, land-use change analysis, and paleoclimate research, among others. Establishing the current value of previously collected data, often from EO systems that are no longer operating, is difficult since the costs associated with their preservation, maintenance, and dissemination are current, while the costs associated with their original collection are sunk. Understanding their current use and value can aid in funding decisions about the data management infrastructure and workforce allocation required to maintain their availability. Using a value-tree framework to trace the application of data from EO systems, sensors, networks, and surveys, to weighted key Federal objectives, we are able to estimate relative contribution of individual EO systems, sensors, networks, and surveys to meeting those objectives. The analysis relies on a modified Delphi method to elicit relative levels of reliance on individual EO data inputs, including historical data, from subject matter experts. This results in the identification of a representative portfolio of all EO data used to meet key Federal objectives. Because historical data is collected in conjunction with all other EO data within a weighted framework, its contribution to meeting key Federal objectives can be specifically identified and evaluated in relationship to other EO data. The results of this method could be applied better understanding and projecting the long-term value of data from current and future EO systems.
- Publication:
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AGU Fall Meeting Abstracts
- Pub Date:
- December 2016
- Bibcode:
- 2016AGUFMPA33A2232S
- Keywords:
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- 1926 Geospatial;
- INFORMATICSDE: 6304 Benefit-cost analysis;
- POLICY SCIENCESDE: 6309 Decision making under uncertainty;
- POLICY SCIENCESDE: 6620 Science policy;
- PUBLIC ISSUES