Pricing strategies for logistics robot sharing platforms
Journal
International Journal of Production Research
Date Issued
2021
Author(s)
Abstract
Sharing platforms play a key role in the development of the sharing economy. This paper considers a logistics robot sharing platform comprising logistics robot providers and customers that need to rent robots. We develop an analytical model to investigate pricing strategies of a sharing platform, incorporating service response speed and additional services. Afterward, we examine the impact and value of the logistics robot sharing platform. We interestingly find that a high service response speed does not necessarily bring benefits to the platform. In addition, when customers are sensitive to the additional services, despite the increased cost of providing additional services, the platform can still profit from them. Finally, we generate additional insights by exploring two extended models, namely (i) the model with endogenous additional services, and (ii) the case considering the service response speed. ? 2021 Informa UK Limited, trading as Taylor & Francis Group.
Subjects
additional services
logistics robot
platform operations
service response speed
Sharing economy
Economics
Logistics
Robots
Additional service
Extended model
Logistic robot
Platform operation
Pricing strategy
Response speed
Service response speed
Sharing platforms
Costs
SDGs
Type
journal article