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A fuzzy approach to water pricing: the case of Shanghai

journal contribution
posted on 2008-07-01, 00:00 authored by W Mao, Chien-Ting Lin, C C Ho, C C Wang
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.

History

Journal

Applied economics letters

Volume

15

Issue

9

Pagination

717 - 722

Publisher

Taylor & Francis

Location

Abingdon, London

ISSN

1350-4851

eISSN

1466-4291

Language

eng

Publication classification

C1.1 Refereed article in a scholarly journal; C Journal article

Copyright notice

2008, Taylor & Francis

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