Study on an Equilibrium Water Price System Based on Cooperative Game Technology

In this study, the theory of equilibrium water prices is constructed and practiced based on previous research on cooperative game technology and the water price system. The equilibrium water price utilized in this study emphasized solving the unbalanced and unsustainable water supply system, includi...

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Main Authors: Shiwu Wang, Lei Fu, Hongxi Peng, Junmin Wang, Yian Hua, Zihan Gui
Format: Article
Language:English
Published: MDPI AG 2023-06-01
Series:Water
Subjects:
Online Access:https://www.mdpi.com/2073-4441/15/13/2354
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author Shiwu Wang
Lei Fu
Hongxi Peng
Junmin Wang
Yian Hua
Zihan Gui
author_facet Shiwu Wang
Lei Fu
Hongxi Peng
Junmin Wang
Yian Hua
Zihan Gui
author_sort Shiwu Wang
collection DOAJ
description In this study, the theory of equilibrium water prices is constructed and practiced based on previous research on cooperative game technology and the water price system. The equilibrium water price utilized in this study emphasized solving the unbalanced and unsustainable water supply system, including the reclaimed water resources and the current water price used in numerous Chinese cities. Safety, affordability, and sustainability become the key factors of the equilibrium water price system, which is operated and analyzed in a typical city in southeastern China. The cooperative game model of equilibrium water price is solved by game technology, considering various factors such as the price strategy, the water supply quantity, and the local water demand. The practical application shows that the theoretical system can effectively solve the problem of water price formation mechanisms after the unified allocation of different types of water resources. It not only enhances the enthusiasm and initiative of the public in the utilization of reclaimed water, but also plays an important role in the rational utilization of multiple water resources for different purposes by introducing a reasonable water price ratio and local water resource allocation.
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spelling doaj.art-cb9c4e40c3774dc08df8b259d07bcb012023-11-18T17:46:59ZengMDPI AGWater2073-44412023-06-011513235410.3390/w15132354Study on an Equilibrium Water Price System Based on Cooperative Game TechnologyShiwu Wang0Lei Fu1Hongxi Peng2Junmin Wang3Yian Hua4Zihan Gui5Zhejiang Institute of Hydraulics and Estuary (Zhejiang Institute of Marine Planning and Design), Hangzhou 310020, ChinaZhejiang Institute of Hydraulics and Estuary (Zhejiang Institute of Marine Planning and Design), Hangzhou 310020, ChinaZhejiang Institute of Hydraulics and Estuary (Zhejiang Institute of Marine Planning and Design), Hangzhou 310020, ChinaZhejiang Institute of Hydraulics and Estuary (Zhejiang Institute of Marine Planning and Design), Hangzhou 310020, ChinaZhejiang Institute of Hydraulics and Estuary (Zhejiang Institute of Marine Planning and Design), Hangzhou 310020, ChinaZhejiang Institute of Hydraulics and Estuary (Zhejiang Institute of Marine Planning and Design), Hangzhou 310020, ChinaIn this study, the theory of equilibrium water prices is constructed and practiced based on previous research on cooperative game technology and the water price system. The equilibrium water price utilized in this study emphasized solving the unbalanced and unsustainable water supply system, including the reclaimed water resources and the current water price used in numerous Chinese cities. Safety, affordability, and sustainability become the key factors of the equilibrium water price system, which is operated and analyzed in a typical city in southeastern China. The cooperative game model of equilibrium water price is solved by game technology, considering various factors such as the price strategy, the water supply quantity, and the local water demand. The practical application shows that the theoretical system can effectively solve the problem of water price formation mechanisms after the unified allocation of different types of water resources. It not only enhances the enthusiasm and initiative of the public in the utilization of reclaimed water, but also plays an important role in the rational utilization of multiple water resources for different purposes by introducing a reasonable water price ratio and local water resource allocation.https://www.mdpi.com/2073-4441/15/13/2354equilibrium water pricecooperative game technologydual water supply systemreclaimed watercosts and benefits
spellingShingle Shiwu Wang
Lei Fu
Hongxi Peng
Junmin Wang
Yian Hua
Zihan Gui
Study on an Equilibrium Water Price System Based on Cooperative Game Technology
Water
equilibrium water price
cooperative game technology
dual water supply system
reclaimed water
costs and benefits
title Study on an Equilibrium Water Price System Based on Cooperative Game Technology
title_full Study on an Equilibrium Water Price System Based on Cooperative Game Technology
title_fullStr Study on an Equilibrium Water Price System Based on Cooperative Game Technology
title_full_unstemmed Study on an Equilibrium Water Price System Based on Cooperative Game Technology
title_short Study on an Equilibrium Water Price System Based on Cooperative Game Technology
title_sort study on an equilibrium water price system based on cooperative game technology
topic equilibrium water price
cooperative game technology
dual water supply system
reclaimed water
costs and benefits
url https://www.mdpi.com/2073-4441/15/13/2354
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AT junminwang studyonanequilibriumwaterpricesystembasedoncooperativegametechnology
AT yianhua studyonanequilibriumwaterpricesystembasedoncooperativegametechnology
AT zihangui studyonanequilibriumwaterpricesystembasedoncooperativegametechnology