Publications
Publications
- May 2021
- HBS Case Collection
The International Space Station, Principal-Agent Problems, and NASA's Quest to Keep Humans in Space
By: Matthew Weinzierl and Mehak Sarang
Abstract
In building the International Space Station (ISS), NASA opened the door to the development of a robust in-space economy in low-Earth Orbit, and yet the decision to build the station, and continue to extend its lifetime, placed a huge burden on NASA’s Human Spaceflight budget. Should NASA continue to invest in the ISS? Or is it possible for the agency to facilitate the commercialization of the Station and move beyond low-Earth Orbit?
Keywords
Aerospace; Nasa; Space Economy; Principal-agent Theory; Policy; Commercialization; Aerospace Industry
Citation
Weinzierl, Matthew, and Mehak Sarang. "The International Space Station, Principal-Agent Problems, and NASA's Quest to Keep Humans in Space." Harvard Business School Case 721-054, May 2021.