The age of prosumerism: Some micro-economic analysis

Autores
Alderete, Maria Veronica
Año de publicación
2017
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Many users or consumers now operate the two sides of the market as consumers and producers. They are known as prosumers. Their presence is changing the economic dynamic. This paper develops two models, the prosumerism model that determines the prosumer equilibrium; the amount of the private good and prosumer good. The second one is the customization model based on the principal agent framework, where the principal is the manufacturer innovator and the agent the user. Results obtained predict abundance of the prosumer good in the prosumerism model and that the most innovative users will have a higher level of participation in the value creation process than the less innovative ones in the customization model. Hence, policy should encourage users’ participation in the value creation and innovation processes to achieve a higher social welfare.
Fil: Alderete, Maria Veronica. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina. Universidad Nacional del Sur. Departamento de Economía; Argentina
Materia
CUSTOMIZATION
MICROECONOMIC
NETWORK EFFECTS
OPEN INNOVATION
PROSUMER
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/65023
Acceder
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oai_identifier_str oai:ri.conicet.gov.ar:11336/65023
network_acronym_str CONICETDig
repository_id_str 3498
network_name_str CONICET Digital (CONICET)
spelling The age of prosumerism: Some micro-economic analysisAlderete, Maria VeronicaCUSTOMIZATIONMICROECONOMICNETWORK EFFECTSOPEN INNOVATIONPROSUMERhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5Many users or consumers now operate the two sides of the market as consumers and producers. They are known as prosumers. Their presence is changing the economic dynamic. This paper develops two models, the prosumerism model that determines the prosumer equilibrium; the amount of the private good and prosumer good. The second one is the customization model based on the principal agent framework, where the principal is the manufacturer innovator and the agent the user. Results obtained predict abundance of the prosumer good in the prosumerism model and that the most innovative users will have a higher level of participation in the value creation process than the less innovative ones in the customization model. Hence, policy should encourage users’ participation in the value creation and innovation processes to achieve a higher social welfare.Fil: Alderete, Maria Veronica. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina. Universidad Nacional del Sur. Departamento de Economía; ArgentinaUniversidad de Talca2017-09info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/65023Alderete, Maria Veronica; The age of prosumerism: Some micro-economic analysis; Universidad de Talca; Journal of Theoretical and Applied Electronic Commerce Research; 12; 3; 9-2017; 1-120718-1876CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/doi/10.4067/S0718-18762017000300002info:eu-repo/semantics/altIdentifier/url/https://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0718-18762017000300002info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-10-15T14:58:56Zoai:ri.conicet.gov.ar:11336/65023instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-10-15 14:58:57.145CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv The age of prosumerism: Some micro-economic analysis
title The age of prosumerism: Some micro-economic analysis
spellingShingle The age of prosumerism: Some micro-economic analysis
Alderete, Maria Veronica
CUSTOMIZATION
MICROECONOMIC
NETWORK EFFECTS
OPEN INNOVATION
PROSUMER
title_short The age of prosumerism: Some micro-economic analysis
title_full The age of prosumerism: Some micro-economic analysis
title_fullStr The age of prosumerism: Some micro-economic analysis
title_full_unstemmed The age of prosumerism: Some micro-economic analysis
title_sort The age of prosumerism: Some micro-economic analysis
dc.creator.none.fl_str_mv Alderete, Maria Veronica
author Alderete, Maria Veronica
author_facet Alderete, Maria Veronica
author_role author
dc.subject.none.fl_str_mv CUSTOMIZATION
MICROECONOMIC
NETWORK EFFECTS
OPEN INNOVATION
PROSUMER
topic CUSTOMIZATION
MICROECONOMIC
NETWORK EFFECTS
OPEN INNOVATION
PROSUMER
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv Many users or consumers now operate the two sides of the market as consumers and producers. They are known as prosumers. Their presence is changing the economic dynamic. This paper develops two models, the prosumerism model that determines the prosumer equilibrium; the amount of the private good and prosumer good. The second one is the customization model based on the principal agent framework, where the principal is the manufacturer innovator and the agent the user. Results obtained predict abundance of the prosumer good in the prosumerism model and that the most innovative users will have a higher level of participation in the value creation process than the less innovative ones in the customization model. Hence, policy should encourage users’ participation in the value creation and innovation processes to achieve a higher social welfare.
Fil: Alderete, Maria Veronica. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Bahía Blanca. Instituto de Investigaciones Económicas y Sociales del Sur. Universidad Nacional del Sur. Departamento de Economía. Instituto de Investigaciones Económicas y Sociales del Sur; Argentina. Universidad Nacional del Sur. Departamento de Economía; Argentina
description Many users or consumers now operate the two sides of the market as consumers and producers. They are known as prosumers. Their presence is changing the economic dynamic. This paper develops two models, the prosumerism model that determines the prosumer equilibrium; the amount of the private good and prosumer good. The second one is the customization model based on the principal agent framework, where the principal is the manufacturer innovator and the agent the user. Results obtained predict abundance of the prosumer good in the prosumerism model and that the most innovative users will have a higher level of participation in the value creation process than the less innovative ones in the customization model. Hence, policy should encourage users’ participation in the value creation and innovation processes to achieve a higher social welfare.
publishDate 2017
dc.date.none.fl_str_mv 2017-09
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/65023
Alderete, Maria Veronica; The age of prosumerism: Some micro-economic analysis; Universidad de Talca; Journal of Theoretical and Applied Electronic Commerce Research; 12; 3; 9-2017; 1-12
0718-1876
CONICET Digital
CONICET
url http://hdl.handle.net/11336/65023
identifier_str_mv Alderete, Maria Veronica; The age of prosumerism: Some micro-economic analysis; Universidad de Talca; Journal of Theoretical and Applied Electronic Commerce Research; 12; 3; 9-2017; 1-12
0718-1876
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/doi/10.4067/S0718-18762017000300002
info:eu-repo/semantics/altIdentifier/url/https://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0718-18762017000300002
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Universidad de Talca
publisher.none.fl_str_mv Universidad de Talca
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
_version_ 1846083130787627008
score 13.22299

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