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Multi-criteria Method for Evaluating the Impact of Informal Trade on the Mariscal de Puyo Market

Abstract:

When people from different backgrounds offer products and services to the general population, without complying with the legal parameters that a business requires, they generate a phenomenon known as the Informal Market. In the Mariscal de Puyo market, there has been a flourishing of the informal market for the commercialization of basic necessities, which is gaining space in the internal supply chain of Ecuador. Quantifying its impact on society represents a task little tackled by science. This research proposes a solution to the problem posed by developing a method for evaluating the impact of informal trade. The proposed method bases its operation through a multi-criteria approach to evaluation. A case study is implemented with the aim of measuring the impact of informal trade on the Mariscal de Puyo market.