IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i23p15969-d988822.html
   My bibliography  Save this article

Effect Evaluation of Ecological Compensation for Strategic Mineral Resources Exploitation Based on VIKOR-AISM Model

Author

Listed:
  • Donglin Ren

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China)

  • Liang Liu

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China)

  • Xiujuan Gong

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China)

  • Pan Jiang

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China)

  • Shu Liu

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China)

  • Yirui Yang

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China)

  • Ruifeng Jin

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China)

Abstract

Energy security and ecological and environmental security are some of the most basic and important preconditions for national development, and ecological compensation is an important institutional guarantee for construction of China’s ecological civilization. The Chinese government has always made it clear that it will “step up efforts to protect the ecosystem” and establish market-based and diversified ecological compensation mechanisms. However, the existing system and mechanism design of ecological environment protection has been unable to meet the needs of economic and social development in the new era. On the basis of the psychological account theory and prospect theory, this paper constructed an evaluation system of strategic mineral resources exploitation and ecological environmental protection effects in Western China using the VIKOR-AISM model. In this paper, the VIKOR-AISM model comprehensively considers the maximization of group utility and minimization of individual regrets, and conducts a cluster analysis based on the compromise value Q and its inflection k . The comprehensive ranking changes of evaluation subjects under different decision preferences and hesitation interval measures were studied according to the antagonist hierarchy topology. The research results provide decision-making support for China to formulate ecological compensation policies in line with regional characteristics.

Suggested Citation

  • Donglin Ren & Liang Liu & Xiujuan Gong & Pan Jiang & Shu Liu & Yirui Yang & Ruifeng Jin, 2022. "Effect Evaluation of Ecological Compensation for Strategic Mineral Resources Exploitation Based on VIKOR-AISM Model," Sustainability, MDPI, vol. 14(23), pages 1-18, November.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:23:p:15969-:d:988822
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/23/15969/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/14/23/15969/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Li, Lu & Zhou, Yan & Li, Mo & Cao, Kaihua & Tao, Yanhuai & Liu, Yangdachuan, 2022. "Integrated modelling for cropping pattern optimization and planning considering the synergy of water resources-society-economy-ecology-environment system," Agricultural Water Management, Elsevier, vol. 271(C).
    2. Bilgen, Selçuk & Sarıkaya, İkbal, 2015. "Exergy for environment, ecology and sustainable development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 1115-1131.
    3. Dai, G.S. & Ulgiati, S. & Zhang, Y.S. & Yu, B.H. & Kang, M.Y. & Jin, Y. & Dong, X.B. & Zhang, X.S., 2014. "The false promises of coal exploitation: How mining affects herdsmen well-being in the grassland ecosystems of Inner Mongolia," Energy Policy, Elsevier, vol. 67(C), pages 146-153.
    4. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    5. Opricovic, Serafim & Tzeng, Gwo-Hshiung, 2004. "Compromise solution by MCDM methods: A comparative analysis of VIKOR and TOPSIS," European Journal of Operational Research, Elsevier, vol. 156(2), pages 445-455, July.
    6. Zhu, Yongguang & Xu, Deyi & Ali, Saleem H. & Cheng, Jinhua, 2021. "A hybrid assessment model for mineral resource availability potentials," Resources Policy, Elsevier, vol. 74(C).
    7. Zhu, Zhiyun & Dong, Zhiliang & Zhang, Yanxing & Suo, Guibin & Liu, Sen, 2020. "Strategic mineral resource competition: Strategies of the dominator and nondominator," Resources Policy, Elsevier, vol. 69(C).
    8. Richard H. Thaler, 2008. "Mental Accounting and Consumer Choice," Marketing Science, INFORMS, vol. 27(1), pages 15-25, 01-02.
    9. Opricovic, Serafim & Tzeng, Gwo-Hshiung, 2007. "Extended VIKOR method in comparison with outranking methods," European Journal of Operational Research, Elsevier, vol. 178(2), pages 514-529, April.
    10. Zuo, Zhili & Cheng, Jinhua & Guo, Haixiang & Li, Yonglin, 2021. "Knowledge mapping of research on strategic mineral resource security: A visual analysis using CiteSpace," Resources Policy, Elsevier, vol. 74(C).
    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. Li, Ning & Li, Jiaojiao & Wang, Qizhou & Yan, Dairong & Wang, Liguan & Jia, Mingtao, 2024. "A novel copper price forecasting ensemble method using adversarial interpretive structural model and sparrow search algorithm," Resources Policy, Elsevier, vol. 91(C).
    2. Shiyi Wu & Rui Niu, 2024. "Development of carbon finance in China based on the hybrid MCDM method," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-11, December.

    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. Zhaoyu Cao & Yucheng Zou & Xu Zhao & Kairong Hong & Yanwei Zhang, 2021. "Multidimensional Fairness Equilibrium Evaluation of Urban Housing Expropriation Compensation Based on VIKOR," Mathematics, MDPI, vol. 9(4), pages 1-26, February.
    2. 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).
    3. Kim, Joonkyung & Zhao, Min & Soman, Dilip, 2023. "Converging vs diverging: The effect of visual representation of goal structure on financial decisions," International Journal of Research in Marketing, Elsevier, vol. 40(2), pages 362-377.
    4. Kristien Werck & Bruno Heyndels & Benny Geys, 2008. "The impact of ‘central places’ on spatial spending patterns: evidence from Flemish local government cultural expenditures," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 32(1), pages 35-58, March.
    5. James K. Hammitt, 2020. "Valuing mortality risk in the time of COVID-19," Journal of Risk and Uncertainty, Springer, vol. 61(2), pages 129-154, October.
    6. Justin S. Skillman & Michael J. Vernarelli, 2016. "Framing effects on bidding behavior in experimental first-price sealed-bid money auctions," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 11(4), pages 391-400, July.
    7. Karle, Heiko & Schumacher, Heiner & Vølund, Rune, 2023. "Consumer loss aversion and scale-dependent psychological switching costs," Games and Economic Behavior, Elsevier, vol. 138(C), pages 214-237.
    8. Duncan Luce, R., 1997. "Associative joint receipts," Mathematical Social Sciences, Elsevier, vol. 34(1), pages 51-74, August.
    9. Chen, Lisa Y. & Wang, Tien-Chin, 2009. "Optimizing partners' choice in IS/IT outsourcing projects: The strategic decision of fuzzy VIKOR," International Journal of Production Economics, Elsevier, vol. 120(1), pages 233-242, July.
    10. Uri Gneezy & Jan Potters, 1997. "An Experiment on Risk Taking and Evaluation Periods," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(2), pages 631-645.
    11. Cristiano Codagnone & Giuseppe Alessandro Veltri & Francesco Bogliacino & Francisco Lupiáñez-Villanueva & George Gaskell & Andriy Ivchenko & Pietro Ortoleva & Francesco Mureddu, 2016. "Labels as nudges? An experimental study of car eco-labels," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 33(3), pages 403-432, December.
    12. Dipankar Chakravarti & Atanu Sinha & Jaewhan Kim, 2005. "Choice Research: A Wealth of Perspectives," Marketing Letters, Springer, vol. 16(3), pages 173-182, December.
    13. Martin Kukuk & Stefan Winter, 2008. "An Alternative Explanation of the Favorite-Longshot Bias," Journal of Gambling Business and Economics, University of Buckingham Press, vol. 2(2), pages 79-96, September.
    14. Moshe Levy & Haim Levy, 2013. "Prospect Theory: Much Ado About Nothing?," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 7, pages 129-144, World Scientific Publishing Co. Pte. Ltd..
    15. Pedro Bordalo & Nicola Gennaioli & Andrei Shleifer, 2020. "Memory, Attention, and Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(3), pages 1399-1442.
    16. Kuang-Hua Hu & Wei Jianguo & Gwo-Hshiung Tzeng, 2017. "Risk Factor Assessment Improvement for China’s Cloud Computing Auditing Using a New Hybrid MADM Model," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 16(03), pages 737-777, May.
    17. Oliveira-Castro, Jorge M., 2003. "Effects of base price upon search behavior of consumers in a supermarket: An operant analysis," Journal of Economic Psychology, Elsevier, vol. 24(5), pages 637-652, October.
    18. White, Tiffany Barnett & Novak, Thomas P. & Hoffman, Donna L., 2014. "No Strings Attached: When Giving It Away Versus Making Them Pay Reduces Consumer Information Disclosure," Journal of Interactive Marketing, Elsevier, vol. 28(3), pages 184-195.
    19. Jae‐Do Song, 2023. "Excessive banking preference in emissions trading," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(1), pages 448-458, January.
    20. Eriksen, Kristoffer W. & Kvaløy, Ola, 2014. "Myopic risk-taking in tournaments," Journal of Economic Behavior & Organization, Elsevier, vol. 97(C), pages 37-46.

    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:gam:jsusta:v:14:y:2022:i:23:p:15969-:d:988822. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.