Peer-to-Peer Product Sharing: Implications for Ownership, Usage, and Social Welfare in the Sharing Economy

We describe an equilibrium model of peer-to-peer product sharing, or collaborative consumption, where individuals with varying usage levels make decisions about whether or not to own a homogeneous product. Owners are able to generate income from renting their products to nonowners while nonowners ar...

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Bibliographic Details
Published in:Management science 2019-02, Vol.65 (2), p.477-493
Main Authors: Benjaafar, Saif, Kong, Guangwen, Li, Xiang, Courcoubetis, Costas
Format: Article
Language:English
Subjects:
Analysis
Business ownership
Clients
Collaboration
collaborative consumption
Consumer behavior
Consumers
Consumption
Equilibrium
Industrial development
Language usage
on-demand platforms
Owners
Ownership
Peer to peer computing
peer-to-peer markets
Peers
Product development
Renting
Sharing economy
Social service
Social welfare
sustainability
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