Welcome to Francis Academic Press

Academic Journal of Humanities & Social Sciences, 2022, 5(4); doi: 10.25236/AJHSS.2022.050417.

Research on Promote Global Fairness of a New Business Model - Assuming Asteroid Mining

Author(s)

Xi Luo

Corresponding Author:
Xi Luo
Affiliation(s)

Northeastern University, Shenyang, 110000, China

Abstract

Most wealth is now in the hands of a very small number of people, which greatly exacer-bates today's social inequality. At the same time, with the continuous consumption of earth resources, people gradually focus on the mining of asteroids. When such new resources as asteroids are devel-oped, whether a new trade model can be established to promote global equity becomes the research issue of this paper. Firstly, putting forward the concept of global equity: Obtain benefits commensu-rate with the country's overall strength, with greater emphasis on promoting the interests of its most pressing aspects--each takes what they need. Then defining an indicator to measure global equity: the relative profitability of countries. The indicator is positively correlated with country strength. Then, the influencing factors of national profit are analyzed, the correlation coefficient is obtained by the least square method, and the model equation is established. Finally, the reliability of the model is verified by the F-Validation. Secondly, establish Asteroid Mining Alliance--Antitrust trade model: countries can cooperate through technical funding platforms and sales platforms. Then, the support coefficient o that reflects the strength of cooperation between countries is defined, and the model planning is established based on Model I, and the optimal value is 0.57. The final comparison finds that after the introduction of high-level country support, the global Gini coefficient drops from 0.6943 to 0.57978. So the reduction in the gap between the rich and the poor shows the necessity of this support method. According to the model, all countries in the alliance can be guaranteed a cer-tain amount of ore. This effectively avoids the inequality caused by some countries owning the major-ity of ores. While maximizing global total income, countries with strong comprehensive national strength will maximize income from ecology and people's happiness, while countries with weak com-prehensive national strength will maximize income from industry, science, and technology.

Keywords

Asteroid Mining, Multi-objective Linear Programming, F-Validation, Global Fairness, New Trade Model

Cite This Paper

Xi Luo. Research on Promote Global Fairness of a New Business Model - Assuming Asteroid Mining. Academic Journal of Humanities & Social Sciences (2022) Vol. 5, Issue 4: 106-111. https://doi.org/10.25236/AJHSS.2022.050417.

References

[1] Global Equality, Diversity and Inclusion Policy, Nord Anglia ,11 November, 2020

[2]Pyatt, Graham. “On the Interpretation and Disaggregation of Gini Coefficients.” The Economic Journal, vol. 86, no. 342, 1976, pp. 243–55, https://doi.org/10.2307/2230745. Accessed 26 Apr. 2022.

[3] The World Distribution of Income And Its Inequality, 1970–2009. Liberati, P. (2013) Review of Income and Wealth. doi: 10.1111/roiw.12088.