IDEAS home Printed from https://ideas.repec.org/a/eee/apmaco/v437y2023ics0096300322006099.html

The global cooperation in asteroid mining based on AHP, entropy and TOPSIS

Author

Listed:
  • Fan, Ruilin
  • Zhang, Hanlu
  • Gao, Yi

Abstract

In this paper we introduce an equity evaluation index (EEI) to measure the global equity on asteroid mining, and present a global equity evaluation model by applying the analytic hierarchy process (AHP), entropy weight method and the technique for order preference by similarity to ideal solution (TOPSIS). Based on multi-objective optimization, we provide a global cooperative decision model to allocate the inputs and outputs among countries based on their strengths and demands. Furthermore, we analyze the the trends of EEI of each country under the influence of the outbreak events by using the autoregressive integrated moving average model. Our results show that among all countries with foundations in aerospace, China has the highest EEI while Russia ranks the lowest. Humans mining minerals in a cooperative manner will achieve a win-win situation.

Suggested Citation

  • Fan, Ruilin & Zhang, Hanlu & Gao, Yi, 2023. "The global cooperation in asteroid mining based on AHP, entropy and TOPSIS," Applied Mathematics and Computation, Elsevier, vol. 437(C).
    • Handle: RePEc:eee:apmaco:v:437:y:2023:i:c:s0096300322006099
    DOI: 10.1016/j.amc.2022.127535
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0096300322006099
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.amc.2022.127535?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Fox, Sarah Jane, 2019. "Policing mining: In outer-space greed and domination vs. peace and equity a governance for humanity!," Resources Policy, Elsevier, vol. 64(C).
    2. Fiorenzo Parziale & Ivano Scotti, 2016. "Education as a Resource of Social Innovation," SAGE Open, , vol. 6(3), pages 21582440166, July.
    3. Bahram Adrangi & Lauren Kerr, 2022. "Sustainable Development Indicators and Their Relationship to GDP: Evidence from Emerging Economies," Sustainability, MDPI, vol. 14(2), pages 1-13, January.
    4. Xiaoqiong Liu & Xu Wang & Feiyu Lu & Shuai Liu & Kunlun Chen, 2022. "Evaluation of the Governance Efficiency of Water Environmental Governance Efficiency in Yangtze River Delta from the Perspective of Multivariate Synergies," IJERPH, MDPI, vol. 19(4), pages 1-19, February.
    5. R. Dean Hardy & Bryan L. Nuse, 2016. "Global sea-level rise: weighing country responsibility and risk," Climatic Change, Springer, vol. 137(3), pages 333-345, August.
    6. Peter Vinkler, 2008. "Correlation between the structure of scientific research, scientometric indicators and GDP in EU and non-EU countries," Scientometrics, Springer;Akadémiai Kiadó, vol. 74(2), pages 237-254, February.
    7. Yang-Ming Chang & Manaf Sellak, 2019. "A game-theoretic analysis of international trade and political conflict over external territories," Public Choice, Springer, vol. 179(3), pages 209-228, June.
    8. Yoram Wind & Thomas L. Saaty, 1980. "Marketing Applications of the Analytic Hierarchy Process," Management Science, INFORMS, vol. 26(7), pages 641-658, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Christian Manuel Moreno Rocha & Daina Arenas Buelvas & Sandra De la Hoz Escorcia, 2024. "Evaluation and Ranking of Energy Alternatives for Implementation in Different Geographic Scenarios using Decision Methods: Case Study of Colombia," International Journal of Energy Economics and Policy, Econjournals, vol. 14(5), pages 191-202, September.
    2. Yanqing Wang & Hong Chen & Robert L. K. Tiong, 2023. "An exploratory research on the maturity level of public's emergency capability," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 119(1), pages 325-355, October.
    3. Yang Wei & Tetsuo Kidokoro & Fumihiko Seta & Bo Shu, 2024. "Spatial-Temporal Assessment of Urban Resilience to Disasters: A Case Study in Chengdu, China," Land, MDPI, vol. 13(4), pages 1-24, April.
    4. Yaozong Zhu & Yezhu Wang & Baohuan Zhou & Xiaoli Hu & Yundong Xie, 2023. "A Patent Bibliometric Analysis of Carbon Capture, Utilization, and Storage (CCUS) Technology," Sustainability, MDPI, vol. 15(4), pages 1-20, February.
    5. Dingding Yang & Yu Zheng & Kai Peng & Lidong Pan & Juan Zheng & Baojing Xie & Bohong Wang, 2022. "Characteristics and Statistical Analysis of Large and above Hazardous Chemical Accidents in China from 2000 to 2020," IJERPH, MDPI, vol. 19(23), pages 1-27, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Reza Vaziri & Mehran Mohsenzadeh & Jafar Habibi, 2016. "TBDQ: A Pragmatic Task-Based Method to Data Quality Assessment and Improvement," PLOS ONE, Public Library of Science, vol. 11(5), pages 1-30, May.
    2. Eric Sucky, 2006. "Kontraktlogistik—Ein stochastisch dynamischer Planungsansatz zur Logistikdienstleisterauswahl," Metrika: International Journal for Theoretical and Applied Statistics, Springer, vol. 17(2), pages 131-153, June.
    3. Reza Banai, 2010. "Evaluation of land use-transportation systems with the Analytic Network Process," The Journal of Transport and Land Use, Center for Transportation Studies, University of Minnesota, vol. 3(1), pages 85-112.
    4. Fatih Yiğit & Şakir Esnaf, 2021. "A new Fuzzy C-Means and AHP-based three-phased approach for multiple criteria ABC inventory classification," Journal of Intelligent Manufacturing, Springer, vol. 32(6), pages 1517-1528, August.
    5. Emmanuel Kazuva & Jiquan Zhang & Zhijun Tong & Alu Si & Li Na, 2018. "The DPSIR Model for Environmental Risk Assessment of Municipal Solid Waste in Dar es Salaam City, Tanzania," IJERPH, MDPI, vol. 15(8), pages 1-30, August.
    6. Rachele Corticelli & Margherita Pazzini & Cecilia Mazzoli & Claudio Lantieri & Annarita Ferrante & Valeria Vignali, 2022. "Urban Regeneration and Soft Mobility: The Case Study of the Rimini Canal Port in Italy," Sustainability, MDPI, vol. 14(21), pages 1-27, November.
    7. Ricardo Arencibia-Jorge & Felix Moya-Anegón, 2010. "Challenges in the study of Cuban scientific output," Scientometrics, Springer;Akadémiai Kiadó, vol. 83(3), pages 723-737, June.
    8. Lin, Sheng-Hau & Zhao, Xiaofeng & Wu, Jiuxing & Liang, Fachao & Li, Jia-Hsuan & Lai, Ren-Ji & Hsieh, Jing-Chzi & Tzeng, Gwo-Hshiung, 2021. "An evaluation framework for developing green infrastructure by using a new hybrid multiple attribute decision-making model for promoting environmental sustainability," Socio-Economic Planning Sciences, Elsevier, vol. 75(C).
    9. Guilan Kong & Lili Jiang & Xiaofeng Yin & Tianbing Wang & Dong-Ling Xu & Jian-Bo Yang & Yonghua Hu, 2018. "Combining principal component analysis and the evidential reasoning approach for healthcare quality assessment," Annals of Operations Research, Springer, vol. 271(2), pages 679-699, December.
    10. Hu, Mingming & Ren, Peiyu & Lan, Jibin & Wang, Jun & Zheng, Weimin, 2014. "Note on “Some models for deriving the priority weights from interval fuzzy preference relations”," European Journal of Operational Research, Elsevier, vol. 237(2), pages 771-773.
    11. Pishchulov, Grigory & Trautrims, Alexander & Chesney, Thomas & Gold, Stefan & Schwab, Leila, 2019. "The Voting Analytic Hierarchy Process revisited: A revised method with application to sustainable supplier selection," International Journal of Production Economics, Elsevier, vol. 211(C), pages 166-179.
    12. Ngan, Sue Lin & How, Bing Shen & Teng, Sin Yong & Leong, Wei Dong & Loy, Adrian Chun Minh & Yatim, Puan & Promentilla, Michael Angelo B. & Lam, Hon Loong, 2020. "A hybrid approach to prioritize risk mitigation strategies for biomass polygeneration systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 121(C).
    13. Paul, Swarup & Sarkar, Bijan & Bose, P.K., 2015. "Eclectic decision for the selection of tree borne oil (TBO) as alternative fuel for internal combustion engine," Renewable and Sustainable Energy Reviews, Elsevier, vol. 48(C), pages 256-263.
    14. Seung-Jin Han & Won-Jae Lee & So-Hee Kim & Sang-Hoon Yoon & Hyunwoong Pyun, 2022. "Assessing Expected Long-term Benefits for the Olympic Games: Delphi-AHP Approach from Korean Olympic Experts," SAGE Open, , vol. 12(4), pages 21582440221, December.
    15. Eklund, Patrik & Rusinowska, Agnieszka & De Swart, Harrie, 2007. "Consensus reaching in committees," European Journal of Operational Research, Elsevier, vol. 178(1), pages 185-193, April.
    16. Denys Yemshanov & Frank H. Koch & Yakov Ben‐Haim & Marla Downing & Frank Sapio & Marty Siltanen, 2013. "A New Multicriteria Risk Mapping Approach Based on a Multiattribute Frontier Concept," Risk Analysis, John Wiley & Sons, vol. 33(9), pages 1694-1709, September.
    17. Ya-Ching Yeh & Chia-Chun Hsiao, 2012. "An Evaluation of Core Competence on Knowledge Management for Elementary Schools’ Teachers: A Case Study of Remote Rural Area in Taiwan," Journal of Education and Vocational Research, AMH International, vol. 3(9), pages 303-312.
    18. Renaud, J. & Thibault, J. & Lanouette, R. & Kiss, L.N. & Zaras, K. & Fonteix, C., 2007. "Comparison of two multicriteria decision aid methods: Net Flow and Rough Set Methods in a high yield pulping process," European Journal of Operational Research, Elsevier, vol. 177(3), pages 1418-1432, March.
    19. Raimonda BublienÄ— & Irina Vinogradova & Manuela TvaronaviÄ ienÄ— & Salvatore Monni, 2019. "Legal form determination for the development of clusters' activities," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 1(3), pages 244-258, September.
    20. Ricardo Ribeiro Nascimento & Eduardo Antonio Gomes Marques & Gustavo Ferreira Simões, 2023. "Application of the AHP method for prioritizing actions to reduce risk associated with gravitational mass movements in areas along the margins of watercourses of the city of Rio Branco, Brazil," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 116(2), pages 1591-1613, March.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:apmaco:v:437:y:2023:i:c:s0096300322006099. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/applied-mathematics-and-computation .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.