Please use this identifier to cite or link to this item:
http://hdl.handle.net/10125/64479
Nonlinear Pricing of Shareable Products
Item Summary
Title: | Nonlinear Pricing of Shareable Products |
Authors: | Weber, Thomas |
Keywords: | Strategy, Information, Technology, Economics and Society (SITES) collaborative consumption nonlinear pricing screening sharing economy |
Date Issued: | 07 Jan 2020 |
Abstract: | We consider a durable-goods monopolist who is able to control the collaborative consumption of its goods on an aftermarket by a sharing tariff. Consumers are heterogeneous with respect to their respective need propensities in each period. We show that the firm may be able to extract this private information by offering a nonlinear pricing scheme, which amounts to a menu of options that distinguish themselves by different combinations of retail price and sharing tariff, whereby the latter is charged to owners at the point of sharing their item with a nonowner on the sharing market. The solution, which is obtained using optimal control theory, critically depends on the product's durability. |
Pages/Duration: | 10 pages |
URI: | http://hdl.handle.net/10125/64479 |
ISBN: | 978-0-9981331-3-3 |
DOI: | 10.24251/HICSS.2020.737 |
Rights: | Attribution-NonCommercial-NoDerivatives 4.0 International https://creativecommons.org/licenses/by-nc-nd/4.0/ |
Appears in Collections: |
Society, Information, Technology, Economics and Strategy (SITES) |
Please email libraryada-l@lists.hawaii.edu if you need this content in ADA-compliant format.
This item is licensed under a Creative Commons License