2019
DOI: 10.1016/j.ejor.2019.06.020
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Optimal risk management for the sharing economy with stranger danger and service quality

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Cited by 56 publications
(29 citation statements)
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“…First of all, we set the procurement cost of the raw material suppliers, service cost of the service provider, integration cost of the manufacturing integrators, and transaction cost function when conducting transactions between the various tiers [24,42,43]; these cost functions are shown in Tables 1-4. Among these, we also assume that the risk coefficient of market exclusion for the integration solutions provided by manufacturing integrators is 0.3 [54]. And in this paper, we just need (q, s, q s , ρ) to confirm the equilibrium statue; thus, to simplify the data, the result of (λ, ε, c) is not given specifically.…”
Section: Examplementioning
confidence: 99%
“…First of all, we set the procurement cost of the raw material suppliers, service cost of the service provider, integration cost of the manufacturing integrators, and transaction cost function when conducting transactions between the various tiers [24,42,43]; these cost functions are shown in Tables 1-4. Among these, we also assume that the risk coefficient of market exclusion for the integration solutions provided by manufacturing integrators is 0.3 [54]. And in this paper, we just need (q, s, q s , ρ) to confirm the equilibrium statue; thus, to simplify the data, the result of (λ, ε, c) is not given specifically.…”
Section: Examplementioning
confidence: 99%
“…The SE is a business model related to several types of uncertainties and risks. Physical safety and security risks (Birinci et al, 2018; Hong et al, 2019; Malazizi et al, 2018), financial risks (Malazizi et al, 2018) and performance risks (Birinci et al, 2018; Hong et al, 2019) are related to a lack of official quality standards and/or inspections in place (Hawlitschek et al, 2018; Hong et al, 2019; von Hoffen et al, 2018), a lack of reliable information about the other party (Hawlitschek et al, 2018) or a lack of corresponding legal protection frameworks (Hong et al, 2019). Publications in this cluster do not specifically focus on quality.…”
Section: Tccm Frameworkmentioning
confidence: 99%
“…Thus, the term ‘quality’ in the SE has been used as a signal of trust (Wells et al, 2011). Consequently, this body of literature has increasingly focused on how platforms monitor (or can monitor) their e‐WOM (Hong et al, 2019; von Hoffen et al, 2018) and feedback mechanisms (Hong et al, 2019; Li et al, 2019).…”
Section: Tccm Frameworkmentioning
confidence: 99%
“…On the other hand, when physical risk increased, demand and profits also did not experience growth. Meanwhile, investments in safety improvements will increase profits and demand (Hong et al, 2019).…”
Section: Introductionmentioning
confidence: 99%