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Asteroid Mining Boom, Where Will Global Equity Go?

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DOI: 10.23977/infse.2022.030203 | Downloads: 31 | Views: 817

Author(s)

Ruilin Ye 1, Haoyi He 2, Yiqi Duan 2, Jiahe Liu 1

Affiliation(s)

1 School of Economics, Northeastern University at Qinhuangdao, Qinhuangdao, Hebei, 066004, China
2 School of Computer and Communication Engineering, Northeastern University at Qinhuangdao, Qinhuangdao, Hebei, 066004, China

Corresponding Author

Ruilin Ye

ABSTRACT

This paper builds a mathematical model based on differential equations, TOPSIS and other methods around the definition of global fairness and how it is affected by the asteroid mining industry. Specifically, we use the TOPSIS evaluation model based on the entropy weight method to score and rank the selected 36 representative countries to obtain the number of resources they deserve. By establishing differential equations for simulation, we concluded that 93% of asteroid ore will be occupied by the first type of countries. At the same time, we introduced the index of space science and technology. After using the AHP to determine its weight, we re-calculated the relative fairness coefficient of 0.17242 by systematic clustering, indicating that the global relative fairness has dropped significantly. Finally, a sensitivity analysis was performed on the considered models.

KEYWORDS

Asteroid Mining, TOPSIS, Differential Equations, Systematic Clustering

CITE THIS PAPER

Ruilin Ye, Haoyi He, Yiqi Duan, Jiahe Liu, Asteroid Mining Boom, Where Will Global Equity Go? Information Systems and Economics (2022) Vol. 3: 11-17. DOI: http://dx.doi.org/10.23977/infse.2022.030203.

REFERENCES

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