{"id":10799,"date":"2014-04-08T09:00:08","date_gmt":"2014-04-08T13:00:08","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=10799"},"modified":"2014-04-08T08:14:27","modified_gmt":"2014-04-08T12:14:27","slug":"the-economics-of-searching-for-malaysia-airlines-flight-370","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2014\/the-economics-of-searching-for-malaysia-airlines-flight-370\/","title":{"rendered":"The Economics Of Searching For Malaysia Airlines Flight 370"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/04\/040814_1211_TheEconomic1.jpg\" width=\"640\" height=\"444\" \/><\/p>\n<p>How much does it cost to find a missing jetliner? CBS News took a look:<\/p>\n<ul>\n<li>An exact figure is hard to come by since a lot of the costs \u2013 such as the cost of maintaining a ship or paying troops \u2013 would have to be paid anyway.<\/li>\n<li>The search effort has also been valuable training for those responsible for search and rescue operations.<\/li>\n<li>The US Department of Defense has allocated about $7.6 million to help with the search. So far it has spent $3.3 million.<\/li>\n<li>Australia is spending half a million dollars a day on one of its search ships alone. To say nothing of general administration and depreciation costs.<\/li>\n<li>Japan has an $8.8 million budgeted for emergency relief and it is believed that its costs are covered by this budget.<\/li>\n<li>Malaysia refuses to provide a figure.<\/li>\n<\/ul>\n<p>Read more about some of the other costs that should be accounted for, how defense cooperation agreements affect costs, and more over <a href=\"http:\/\/www.cbsnews.com\/news\/what-is-the-cost-of-the-search-for-malaysia-airlines-flight-370\/\">here<\/a>. The <a href=\"http:\/\/timesofindia.indiatimes.com\/world\/rest-of-world\/Search-for-MH370-to-be-most-expensive-in-aviation-history\/articleshow\/33437715.cms\">Times of India<\/a> says that $44 million has been spent on the search.<\/p>\n<p>Source: <a href=\"http:\/\/www.cbsnews.com\/news\/what-is-the-cost-of-the-search-for-malaysia-airlines-flight-370\/\">CBS News<\/a><\/p>\n<p>Via: <a href=\"http:\/\/www.slate.com\/blogs\/the_slatest\/2014\/04\/07\/mh370_cost_putting_a_price_tag_on_the_search_for_flight_370_and_more_from.html\">Slate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How much does it cost to find a missing jetliner? CBS News took a look: An exact figure is hard to come by since a lot of the costs \u2013 such as the cost of maintaining a ship or paying troops \u2013 would have to be paid anyway. The search effort has also been valuable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/04\/040814_1211_TheEconomic1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=10799"}],"version-history":[{"count":3,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10799\/revisions"}],"predecessor-version":[{"id":10802,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10799\/revisions\/10802"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/10798"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=10799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=10799"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=10799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}