Fourier and Hadamard transform spectrometers - A limited comparison

An encoding figure of merit is established for a detector-noise limited Fourier transform spectrometer (FTS) and compared to the comparable figure for a Hadamard transform spectrometer (HTS). The limitation of the Fourier system is partly that it does not truly Fourier analyze the radiation. Instead a cosine squared modulation is imposed on the different spectral frequencies. An additional difficulty is that neither the cosine nor the cosine squared functions form an orthonormal set. This makes the Fellgett's advantage (root-mean-squared figure of merit) for a single detector Michelson interferometer a factor of the square root of (N/8) greater than for a conventional grating instrument - rather than the square root of (N/2). The theoretical limit would be the square root of N.