Sharing, Giving or Reselling: An Economic Analysis
| dc.contributor.author | Chi, HuiHui | |
| dc.contributor.author | Zhou, Wei | |
| dc.date.accessioned | 2016-12-29T01:33:44Z | |
| dc.date.available | 2016-12-29T01:33:44Z | |
| dc.date.issued | 2017-01-04 | |
| dc.description.abstract | We consider the non-linear properties \ and boundaries in the three forms of sharing, gift, \ and reselling economy. We decode the economic \ rationality and marketplace mechanisms in today’s \ ever booming sharing/gifting/reselling networks. \ We contribute to the fundamental economics literature \ by decomposing a merchandise into two \ parts: the ownership good and the detached good. \ The ownership good can be utilized or shared \ by the owner. The detached good can either be \ given as a gift or be resold for an income. The \ separation is bounded by considering the estimated \ finite life of the good and a future time stamp \ of detachment. We consider owner’s holding cost, \ various transaction costs, rewards, as well as the \ incentive mechanism from the network. We find \ that there exist various conditions when certain \ ownership form is more preferred to the others. \ Our results also indicate that governmental and \ marketplaces’ incentive policies play an important \ role when consumers make decisions among the \ three economic forms and consequently adjusting \ the total social welfare. | |
| dc.format.extent | 10 pages | |
| dc.identifier.doi | 10.24251/HICSS.2017.498 | |
| dc.identifier.isbn | 978-0-9981331-0-2 | |
| dc.identifier.uri | http://hdl.handle.net/10125/41658 | |
| dc.language.iso | eng | |
| dc.relation.ispartof | Proceedings of the 50th Hawaii International Conference on System Sciences | |
| dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 International | |
| dc.rights.uri | https://creativecommons.org/licenses/by-nc-nd/4.0/ | |
| dc.subject | Gift Economy | |
| dc.subject | Sharing Economy | |
| dc.subject | Resale Market | |
| dc.subject | Incentive Policy | |
| dc.title | Sharing, Giving or Reselling: An Economic Analysis | |
| dc.type | Conference Paper | |
| dc.type.dcmi | Text |
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