Please use this identifier to cite or link to this item:
https://hdl.handle.net/11000/33275
Owa Aggregation to Determine the Water Equilibrium Price in the Tancítaro Area
Title: Owa Aggregation to Determine the Water Equilibrium Price in the Tancítaro Area |
Authors: Brotons, José M. Chávez, Ruben Ruiz Sevilla, Gerardo |
Editor: Information technology in industry |
Department: Departamentos de la UMH::Estudios Económicos y Financieros |
Issue Date: 2021-12-27 |
URI: https://hdl.handle.net/11000/33275 |
Abstract:
The growth of the population in the world
requires a greater demand for all resources to satisfy food
needs. As expected, water is the main element for developing
production processes. This situation is dire in The Tancítaro
peak, located in Michoacán (Mexico). This region is one of
the highest producers of avocado, a plant whose water
requirements are very high. The natural resources are the
same, year after year, and the water requirements are
becoming higher and higher. It is not only a question of
availabilities; it is also a question of quality. The main
problem is that the native people who inhabit the high basin
are the actual water owner and are getting without this
essential element. This paper aims to solve this problem by
proposing the payment for the use of the water to reduce its
consumption and provide funds to improve the quality of the
water. As no market exists in the area, we want to create an
artificial market using the willing to pay methodology
combined with the Ordered Weighting Average (OWA) and
with the level of confidence assigned to each expert. Due to
the level of uncertainty inherent in the experts' answers,
fuzzy logic will be beneficial to deal with this uncertainty.
The results obtained show an equilibrium price of $ 0.5650 $
m-3. We want to point out that these are preliminary results,
and the main objective of the work is to present a
methodological proposal.
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Keywords/Subjects: OWA Water demand function Water supply function Willingness to accept Willingness to pay |
Knowledge area: CDU: Ciencias sociales: Economía |
Type of document: application/pdf |
Access rights: info:eu-repo/semantics/openAccess |
Appears in Collections: Artículos Estudios Económicos y Financieros
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