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Adelaide Research and Scholarship : Schools and Disciplines : Business School : Business School

Permanent link to this item: http://hdl.handle.net/2440/52156

Type: Article
Title: A fuzzy approach to water pricing: the case of Shanghai
Author: Mao, W.
Lin, Chien-Ting
Ho, C-C.
Wang, Ching-Chang
Citation: Applied Economics Letters, 2008; 15 (9):717-722
Publisher: Routledge / Taylor and Francis
Issue Date: 2008
ISSN: 1350-4851
School/Discipline: Business School
Statement of
Responsibility: 
Weide Mao, Chien-Ting Lin, Chia-Cheng Ho and Ching-Chang Wang
Abstract: In this article, we device a methodology to value water using Fuzzy theory that incorporates not only the physical cost of delivery but also the social and sustainable resource costs that water regulators often ignore. Specifically, we include the cost of water quality, cost of water resource, gross domestic product per capita and the household’s willingness to pay into our estimation. We demonstrate the approach using the household sector in Shanghai where the residents face potential water shortage and poor water quality. We estimate a theoretical price of 1.82 Chinese Yuan per cubic meter for the average household.
Description: Copyright © 2008 Taylor & Francis
RMID: 0020082464
DOI: 10.1080/13504850600748976
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