Repository logo

Infoscience

  • English
  • French
Log In
Logo EPFL, École polytechnique fédérale de Lausanne

Infoscience

  • English
  • French
Log In
  1. Home
  2. Academic and Research Output
  3. Preprints and Working Papers
  4. The Question of Ownership in a Sharing Economy
 
working paper

The Question of Ownership in a Sharing Economy

Weber, Thomas A.  
2014

The sharing of durable goods in a dynamic ownership economy is attractive, since it has the potential to realize gains from trade via short-term transfers of usage rights. We develop a model in which a set of agents, who are heterogeneous in their likely need of a durable good, make purchase decisions and then have the option to participate in a sharing market contingent on a realized need. The agents' purchase decisions are compared to a situation where ex-post sharing is impossible. The impact of sharing on product sales is ambiguous: for low-price products sales may drop, while for high-price products the number of consumers who decide to become owners may actually increase. Our analysis extends to a sharing market in which prices are negotiated bilaterally in a Nash-bargaining framework. The resulting negotiated-sharing equilibrium allows for a realistic supply-demand imbalance in the sharing market.

  • Details
  • Metrics
Type
working paper
Author(s)
Weber, Thomas A.  
Date Issued

2014

Publisher

EPFL

Subjects

collaborative consumption

•

insurance market

•

peer-to-peer exchange

•

sharing

•

willingness to accept

•

willingness to pay

Written at

EPFL

EPFL units
OES  
Available on Infoscience
September 29, 2014
Use this identifier to reference this record
https://infoscience.epfl.ch/handle/20.500.14299/107063
Logo EPFL, École polytechnique fédérale de Lausanne
  • Contact
  • infoscience@epfl.ch

  • Follow us on Facebook
  • Follow us on Instagram
  • Follow us on LinkedIn
  • Follow us on X
  • Follow us on Youtube
AccessibilityLegal noticePrivacy policyCookie settingsEnd User AgreementGet helpFeedback

Infoscience is a service managed and provided by the Library and IT Services of EPFL. © EPFL, tous droits réservés