In the past few years, Sharing Economy (SE) has become increasingly popular mainly for consumer research. Past research focused on describing the phenomenon itself and its disrupting influences on current economic mechanisms. However, information systems (IS) research and scientific literature in general still lack a common understanding of SE and its underlying mechanisms. We therefore elabora...

about 60 percent of the world's known reserves of oil reside in the middle east region. as such, any developments of this region are of utmost importance for the world economy. the strait of hormuz is the export conduit for 90 percent of the oil of the countries bordering the persian gulf, supplying 40 percent of world oil consumption, and is controlled by our country. since assessment of ...

â â â  â â â  nowadays, the world economies are rapidly moving towards being more knowledge-based economy (kbe) and supporting the force of knowledge as a vital component of economic growth. this recent acceleration in the transition to knowledge-based economy in the world, has affected regional economic performance. in this paper, we surveyed the regional convergence in knowledge-based economy...

In this paper an applied general equilibrium model for the Extremadura region is presented. Our aim is to show the importance of agricultural subsidies in this economy, that it is a distinctive characteristic of this region. To achieve this purpose, we analyse the effects of a supression of these subsidies, using different scenaries related to the labour market and tax compensation. Model param...

This paper developed an estimation model for the contribution of exports to a country's regional economy based on the Chenery-Moses model and conducted an empirical analysis using China's multi-regional input-output tables for 1997, 2002, and 2007. The results indicated that China's national exports make significantly different contributions to the provincial economy in various regions, with th...

Together with a sense of entering a New Economy, the US experienced in the second half of the 1990s an economic expansion, a stock market boom, a financing boom for new firms and productivity gains. In this paper, we propose an interpretation of these events within a general equilibrium model with financial frictions and decreasing returns to scale in production. We show that the mere prospect ...

The growth of the sharing economy is driven by the emergence of sharing platforms, e.g., Uber and Lyft, that match owners looking to share their resources with customers looking to rent them. The design of such platforms is a complex mixture of economics and engineering, and how to “optimally”design such platforms is still an open problem. In this paper, we focus on the design of prices and sub...

In this paper we argue that the business model underlying the new economy is based on the following interrelated and self-reinforcing forces: 1. The development of a new strategy of opportunity, which focuses on the use of creative innovation to open up new market spaces, rather than using exploitive innovation to prolong the life of