Modeling the Cashflow Management of Bike Sharing Industry

Binrui Shen, Yu Shan, Yunyu Jia, Dejun Xie*, Shengxin Zhu

*Corresponding author for this work

Research output: Chapter in Book or Report/Conference proceedingConference Proceedingpeer-review

1 Citation (Scopus)

Abstract

The sharing economy has been widely concerned since its inception and bike sharing is one of the most representative examples. The paper attempts to investigate the cashflow management strategy of bike sharing companies to optimize the overall financial return. The framework of our model is based on the assumption that bike sharing companies may invest operation income in financial market for long-term and short-term earnings. Optimal reserve pool is modeled and estimated using double parameterized compound Poisson distributions. Empirical examples and Monte Carlo analysis are provided for model validation.

Original languageEnglish
Title of host publicationBusiness Information Systems - 22nd International Conference, BIS 2019, Proceedings
EditorsWitold Abramowicz, Rafael Corchuelo
PublisherSpringer Verlag
Pages132-146
Number of pages15
ISBN (Print)9783030204815
DOIs
Publication statusPublished - 2019
Event22nd International Conference on Business Information Systems, BIS 2019 - Seville, Spain
Duration: 26 Jun 201928 Jun 2019

Publication series

NameLecture Notes in Business Information Processing
Volume354
ISSN (Print)1865-1348
ISSN (Electronic)1865-1356

Conference

Conference22nd International Conference on Business Information Systems, BIS 2019
Country/TerritorySpain
CitySeville
Period26/06/1928/06/19

Keywords

  • Cashflow
  • Compound poisson model
  • Monte Carlo simulation
  • Reserve pool
  • Retention rate
  • Sharing economy

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