Abstract
Development of sharing economy creates new challenges and opens unprecedented business opportunities. In this economic environment, industrial enterprises can expand their direct selling strategies with the new business model “product as a service”. This option is the result of a shift in consumer preferences among clients of industrial enterprises. The development of the consumer choice model applied to sharing economy is a topical agenda, perhaps now more than ever. Such a model, if available, would help predict multiple scenarios of consumer behaviour and prepare the manufacturing companies for better interaction with their target market. This article makes an attempt to offer a consumer choice model in sharing economy, based on 4 types of possible consumer behaviour. The results of the article serve as a foundation of multi-agent modelling and quantitative assessment of abstract situations in the business-to-consumer market.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
