Article
Psychology, Multidisciplinary
Shaozeng Dong, Mingqiao Luan, Lingming Chen, Zulqurnain Ali
Summary: This paper investigates the intrinsic connection between collaborative consumption and the sharing channel strategy. Adopting the sharing channel strategy enables the firm to expand market demand and improve its profit.
FRONTIERS IN PSYCHOLOGY
(2022)
Article
Business
Lanlan Cao, Aikaterini Manthiou, Kafia Ayadi
Summary: This study examines the research model and factors that contribute to the success of brand extension in the peer-to-peer sharing context. The findings indicate that certain factors have direct or indirect effects on customers' repurchase intentions.
JOURNAL OF BUSINESS RESEARCH
(2022)
Article
Management
Xue Chi, Zhi-Ping Fan, Zhongpeng Dong
Summary: This paper examines the optimal pricing and safety investment for a sharing platform. By investigating three scenarios, the study finds that when both the platform and the government implement risk prevention measures, the benefits for all stakeholders and social welfare may decrease under certain conditions. However, under specific conditions, implementing risk prevention measures can result in a Pareto improvement for the platform, consumers, and service providers.
INTERNATIONAL TRANSACTIONS IN OPERATIONAL RESEARCH
(2023)
Article
Computer Science, Information Systems
K. Victor Sam Moses Babu, K. Satya Surya Vinay, Pratyush Chakraborty
Summary: Sharing economy is a growing trend in transportation, housing, and now in the energy sector as well. This study investigates the cooperative sharing of energy storage devices among individual households using coalitional game theory. The results show that this mechanism provides fair and cost-effective allocation, leading to significant cost savings in real-world applications.
Article
Computer Science, Hardware & Architecture
Yunpeng Li, Costas A. Courcoubetis, Lingjie Duan, Richard Weber
Summary: This paper examines how a peer-to-peer sharing platform can maximize profit through different pricing strategies, considering the positive externalities brought by user participation. It explores the optimal pricing strategies for network services through different utility models and pricing schemes under incomplete information.
IEEE-ACM TRANSACTIONS ON NETWORKING
(2021)
Article
Automation & Control Systems
Md Habib Ullah, Jae-Do Park
Summary: This article presents a novel two-tier peer-to-peer market paradigm for energy sharing between multiregional proactive prosumers. The proposed approach uses distributed market-clearing methods to protect prosumers' privacy and significantly increase their economic benefits. The effectiveness of the approach is validated through software simulations.
IEEE TRANSACTIONS ON INDUSTRIAL INFORMATICS
(2022)
Article
Energy & Fuels
Li He, Yuanzhi Liu, Jie Zhang
Summary: This study introduces a peer-to-peer energy trading framework where interactions among the EP, prosumers, and consumers are optimized to achieve mutual benefits. Through a hierarchical approach, the framework allows for efficient management of energy sharing markets to balance supply and demand.
Article
Business, Finance
Ivan Blanco, Miguel De Jesus, Alvaro Remesal
Summary: Different momentum investors use different formation periods to evaluate past stock performance. We find that stocks in the intersection of the 6 and 12-month momentum portfolios display enhanced medium-term return momentum. This finding is robust and improves the returns of several momentum-based strategies proposed in the literature. The results suggest that the concurrence of trades by heterogeneous momentum investors exacerbates return continuation.
JOURNAL OF EMPIRICAL FINANCE
(2023)
Article
Engineering, Manufacturing
Huiqi Guan, Xin Geng, Haresh Gurnani
Summary: As peer-to-peer sharing platforms emerge, upstream product manufacturers may build their own sharing platforms for increased benefits. By analyzing three scenarios, our research compares the equilibrium outcomes of profits, consumer surplus, and social welfare before and after platform transitions. We find that manufacturers can increase profits by building platforms, but the perception of quality differentiation by consumers should be considered. Additionally, manufacturers can only benefit from sharing if the quality differentiation is large enough and the production cost is not small.
PRODUCTION AND OPERATIONS MANAGEMENT
(2023)
Article
Energy & Fuels
Rodrigo Henriquez-Auba, Patricia Hidalgo-Gonzalez, Patricia Pauli, Dileep Kalathil, Duncan S. Callaway, Kameshwar Poolla
Summary: This paper presents three different models to address the distributed solar photovoltaic investment problem: net-metering status-quo, a sharing economy model, and a cooperative PV decision problem faced by an aggregator participating in wholesale electric markets. These new business models offer a plausible pathway to maintain and even accelerate PV investment.
Article
Business
Dai Yao, Chuang Tang, Junhong Chu
Summary: Peer-to-peer (P2P) sharing marketplaces facilitate the sharing of idle resources. This study presents a framework to analyze the tradeoffs faced by owners on these platforms when accepting requests, providing optimization guidance for owners and operational improvements for platforms. Analyzing data from a leading P2P car sharing platform in China, the study finds similar proportions of strategic and myopic owners, with strategic owners more likely to be female, experienced, and younger. The study also highlights differentiated preferences of the two owner types towards renters.
Article
Energy & Fuels
Boshen Zheng, Yue Fan, Wei Wei, Yourui Xu, Shaowei Huang, Shengwei Mei
Summary: The article introduces an equilibrium model of a P2P transactive energy market, which achieves market equilibrium by combining the conditions of all participants' problems. This market scheme can increase the revenue of DER owners and reduce the waste of renewable energy.
FRONTIERS IN ENERGY RESEARCH
(2021)
Article
Operations Research & Management Science
Ke Li, Li Xiao
Summary: This paper studies the short-term sharing behavior and decision-making process in the P2P rental markets, considering different industries and market conditions, and finds that the platform's profit is affected by the owner ratio, and the social welfare changes with respect to the owner's ratio.
JOURNAL OF SYSTEMS SCIENCE AND SYSTEMS ENGINEERING
(2022)
Article
Economics
Chihiro Morooka
Summary: This study models n-person overlapping generations games with growing payoffs, treating the situation as economic growth. It demonstrates that in equilibrium, each player can obtain his maximum one-shot payoff.
Article
Green & Sustainable Science & Technology
Hyun Joong Kim, Yun Sik Chung, Seong Joong Kim, Hyung Tae Kim, Young Gyu Jin, Young Tae Yoon
Summary: This paper provides a review of pricing strategies in P2P energy trading, focusing on energy and network service pricing. A systematic review of 169 papers published between 2015 and 2022 was conducted to understand the existing pricing mechanisms. The review revealed that energy pricing can be categorized as synchronous and asynchronous, while network service pricing can be classified as ex-ante and ex-post schemes. Synchronous energy pricing offers economic efficiency, while asynchronous energy pricing provides Pareto optimality and price transparency.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2023)
Article
Business
Maryam Razeghian, Thomas A. Weber
ELECTRONIC COMMERCE RESEARCH AND APPLICATIONS
(2019)
Article
Health Care Sciences & Services
Lauren E. Cipriano, Jeremy D. Goldhaber-Fiebert, Shan Liu, Thomas A. Weber
MEDICAL DECISION MAKING
(2018)
Article
Forestry
James A. Westfall, Andrew J. Lister, Charles T. Scott, Thomas A. Weber
EUROPEAN JOURNAL OF FOREST RESEARCH
(2019)
Article
Management
Naveed Chehrazi, Peter W. Glynn, Thomas A. Weber
MANAGEMENT SCIENCE
(2019)
Editorial Material
Computer Science, Information Systems
Robert J. Kauffman, Thomas A. Weber
JOURNAL OF MANAGEMENT INFORMATION SYSTEMS
(2019)
Article
Operations Research & Management Science
Thomas A. Weber
Summary: This paper investigates the binning of two types of parts with random characteristics to find optimal matching classes with minimum deviation to a target value. The balanced optimal matching classes ensure that the maximum error is the same across all classes, allowing for a complete solution to the minimum-error matching-class design problem.
OPERATIONS RESEARCH LETTERS
(2021)
Article
Economics
Thomas A. Weber
Summary: This paper examines the minimization of cost for an expected random production output, given an assembly of finished goods from two random inputs. The optimal input portfolio is described using the standard normal approximation and a tight concave envelope. Numerical studies confirm the practicality of the envelope approach.
JOURNAL OF MATHEMATICAL ECONOMICS
(2022)
Article
Economics
Thomas A. Weber
Summary: This paper proposes a robust decision-making framework based on a relative performance index. The worst-case relative performance index is represented as the lower envelope of two extremal performance ratios under certain preference conditions. The results are applied to compare the performance of relative robustness to other solutions in a specific application.
THEORY AND DECISION
(2023)
Article
Management
Jun Han, Thomas A. Weber
Summary: This paper investigates second-degree price discrimination under unknown or imperfectly specified type distribution using ambiguity sets. A performance index is used as a measure of robustness, quantifying the worst-case attainment ratio between actual and ex-post optimal payoff. The paper provides a simple representation of this index and a solution to the robust identification problem, leading to a robust product portfolio with worst-case performance across consumer types. A numerical comparison evaluates the robust solution against alternative belief heuristics.
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
(2023)
Article
Business, Finance
Michael Mark, Jan Sila, Thomas A. Weber
Summary: This article constructs a 'reflexivity' index to measure the activity generated endogenously within a market for cryptocurrencies and analyzes high-frequency trading data using a Hawkes process. The study finds that the mid-price dynamics of Bitcoin exhibit long-memory properties and can be well explained by a power-law kernel.
EUROPEAN JOURNAL OF FINANCE
(2022)
Article
Computer Science, Information Systems
Thomas A. Weber
JOURNAL OF MANAGEMENT INFORMATION SYSTEMS
(2020)
Article
Physics, Fluids & Plasmas
Michael Mark, Thomas A. Weber
Article
Green & Sustainable Science & Technology
Maryam Razeghian, Thomas A. Weber
SUSTAINABLE PRODUCTION AND CONSUMPTION
(2019)
Article
Mathematics, Interdisciplinary Applications
Thomas A. Weber
INTERNATIONAL GAME THEORY REVIEW
(2019)
Article
Health Policy & Services
Lauren E. Cipriano, Thomas A. Weber
HEALTH CARE MANAGEMENT SCIENCE
(2018)