Effects of the Sharing Economy on Sequential Innovation Products

The emergence of the sharing economy has affected consumers and traditional manufacturers. We focus on product sharing and analyze its impacts on the manufacturer that offers sequential innovation products. We develop a two-period model in which a monopoly manufacturer sells an old product and intro...

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Bibliographic Details
Main Authors: Zhenfeng Liu, Jian Feng, Jinfeng Wang
Format: Article
Language:English
Published: Hindawi-Wiley 2019-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2019/3089641