{"id":9004,"date":"2022-09-22T18:33:56","date_gmt":"2022-09-22T16:33:56","guid":{"rendered":"https:\/\/www.uni.lu\/fr\/events\/lunchseminar-in-economics-self-cannibalization-effect-in-the-sharing-economy\/"},"modified":"2022-09-22T18:33:56","modified_gmt":"2022-09-22T16:33:56","slug":"lunchseminar-in-economics-self-cannibalization-effect-in-the-sharing-economy","status":"publish","type":"events","link":"https:\/\/www.uni.lu\/fr\/events\/lunchseminar-in-economics-self-cannibalization-effect-in-the-sharing-economy\/","title":{"rendered":"Lunchseminar in Economics: Self-Cannibalization Effect in the Sharing Economy"},"content":{"rendered":"<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\"><p><strong>Abstract<\/strong><\/p><p>Facilitated by various online platforms, costs of sharing and selling used products have become almost zero. This phenomenon has created new economic competition between new product sellers and those offering shared and used products. In this research, we study the economic ramifications of a monopolistic provider\u2019s self-cannibalization problem when the products in the secondary market can re-enter the market to compete with the product in the primary market. We consider a two-stage game in which a provider sells new products in the market in both stages and used products may enter the market in the form of shared and used goods in the second stage. The model considers the unique characteristics of a sharing market including the market clearance state and the minimum participation conditions for both decentralised and centralised sharers. We identify the market equilibrium of this two-stage game and provide managerial implications in different types of product markets that are represented by automobiles (with value depreciation) and real estate (with value appreciation). We show that despite the many similarities between Airbnb and Uber, value appreciation and depreciation imply very different competition scenarios. Our results highlight the dynamics of price\/quantity equilibria in various product-market setups and provide managerial insights for providers of durable goods.<\/p><p><\/p><p><i>\u00a0<\/i><\/p><\/div><\/section>","protected":false},"excerpt":{"rendered":"","protected":false},"author":0,"featured_media":9005,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"event_start_date":"2022-10-19 13:00:00","event_end_date":"2022-10-19 14:00:00","event_speaker_name":"Wei ZHOU,  ESCP Business School Paris, FR","event_speaker_link":"","event_is_online":false,"event_location":"Details on confirmation after registration via Eventbrite","event_street":"29, avenue J. F. Kennedy  ","event_location_link":"","event_zip_code":"L-1855","event_city":"Luxembourg","event_country":"LU"},"events-topic":[306],"events-type":[],"organisation":[138,101,226],"authorship":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lunchseminar in Economics: Self-Cannibalization Effect in the Sharing Economy - Universit\u00e9 du Luxembourg<\/title>\n<meta name=\"description\" content=\"AbstractFacilitated by various online platforms, costs of sharing and selling used products have become almost zero. This phenomenon has created new\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uni.lu\/fr\/events\/lunchseminar-in-economics-self-cannibalization-effect-in-the-sharing-economy\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lunchseminar in Economics: Self-Cannibalization Effect in the Sharing Economy\" \/>\n<meta property=\"og:description\" content=\"AbstractFacilitated by various online platforms, costs of sharing and selling used products have become almost zero. This phenomenon has created new\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.uni.lu\/fr\/events\/lunchseminar-in-economics-self-cannibalization-effect-in-the-sharing-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"UNI FR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/uni.lu\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/11\/2026\/03\/03120045\/UNIV_SM-Profile_1600x1600px-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"2560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.uni.lu\/fr\/events\/lunchseminar-in-economics-self-cannibalization-effect-in-the-sharing-economy\/\",\"url\":\"https:\/\/www.uni.lu\/fr\/events\/lunchseminar-in-economics-self-cannibalization-effect-in-the-sharing-economy\/\",\"name\":\"Lunchseminar in Economics: Self-Cannibalization Effect in the Sharing Economy - Universit\u00e9 du Luxembourg\",\"isPartOf\":{\"@id\":\"https:\/\/www.uni.lu\/fr\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.uni.lu\/fr\/events\/lunchseminar-in-economics-self-cannibalization-effect-in-the-sharing-economy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.uni.lu\/fr\/events\/lunchseminar-in-economics-self-cannibalization-effect-in-the-sharing-economy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uni.lu\/wp-content\/uploads\/sites\/11\/2022\/09\/lunchseminar_in_economics_self_cannibalization_effect_in_the_sharing_economy.jpg\",\"datePublished\":\"2022-09-22T16:33:56+00:00\",\"dateModified\":\"2022-09-22T16:33:56+00:00\",\"description\":\"AbstractFacilitated by various online platforms, costs of sharing and selling used products have become almost zero. 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