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Sharing Competition: An Agent-Based Model for the Short-Term Accommodations Market
The B.E. Journal of Economic Analysis & Policy ( IF 1.1 ) Pub Date : 2020-02-01 , DOI: 10.1515/bejeap-2019-0231
Bruna Bruno 1 , Marisa Faggini 1
Affiliation  

Abstract This paper presents an agent-based model for the sharing economy, in the short-term accommodations market, where peers participating as suppliers and customers follow simple decision rules about sharing market participation, according to their heterogeneous characteristics. Simulations results show that, in the competition between the sharing economy and the traditional industry, low substitutability occurs between goods if consumers are differentiated in preferences. The main determinant for market performance in both sectors is the demand level, with minor influence of price setting and competition within and between markets.

中文翻译:

共享竞争:基于代理的短期住宿市场模型

摘要 本文提出了一种基于代理的共享经济模型,在短期住宿市场中,作为供应商和客户参与的同行根据其异构特征遵循关于共享市场参与的简单决策规则。模拟结果表明,在共享经济与传统行业的竞争中,如果消费者的偏好存在差异,则商品之间的可替代性较低。两个部门的市场表现的主要决定因素是需求水平,价格设定和市场内部和之间的竞争的影响较小。
更新日期:2020-02-01
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