Bounds on Time-Delay Estimation for Monochromatic Signals

Time-delay estimation (TDE) of monochromatic signals,observed by spatially separated sensors, is widely used for sourcelocalization in radar/sonar applications. We use lower bounds tostudy the accuracy of TDE as a function of signal to noise ratio(SNR), frequency, and sensor separation. We show that the Cramer-Rao bound, which is frequently used as a standard ofreference, yields optimistic predictions in many cases.