{"title":"What drives the success of online platforms for industrial symbiosis? An agent-based model","authors":"Melissa Mollica, Luca Fraccascia, Alberto Nastasi","doi":"10.1016/j.ecolecon.2024.108502","DOIUrl":null,"url":null,"abstract":"This paper aims to investigate which factors affect companies’ choice of subscription to an online platform designed to support the creation of industrial symbiosis (IS) relationships, and the effectiveness of such platform from the economic and environmental perspectives. The analyzed platform finds optimal symbiotic partners by pursuing an economic objective and proposes the fair sharing of the additional costs of IS, enabling subscribers to avoid search and negotiation costs at the expense of a subscription fee. An agent-based model is developed where the companies’ choice of subscription is dependent on potential savings in transaction costs, future expectations, and past experience. The main results highlight that (1) it is possible to attract subscribers with moderate fees by enhancing trust in the platform’s usage widespread; (2) trust ensures hedging from waste demand and supply fluctuations; (3) the number of subscribers has a greater impact on the economic rather than on the environmental performance of the system.","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"44 1","pages":""},"PeriodicalIF":6.6000,"publicationDate":"2024-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Ecological Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1016/j.ecolecon.2024.108502","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECOLOGY","Score":null,"Total":0}
引用次数: 0
Abstract
This paper aims to investigate which factors affect companies’ choice of subscription to an online platform designed to support the creation of industrial symbiosis (IS) relationships, and the effectiveness of such platform from the economic and environmental perspectives. The analyzed platform finds optimal symbiotic partners by pursuing an economic objective and proposes the fair sharing of the additional costs of IS, enabling subscribers to avoid search and negotiation costs at the expense of a subscription fee. An agent-based model is developed where the companies’ choice of subscription is dependent on potential savings in transaction costs, future expectations, and past experience. The main results highlight that (1) it is possible to attract subscribers with moderate fees by enhancing trust in the platform’s usage widespread; (2) trust ensures hedging from waste demand and supply fluctuations; (3) the number of subscribers has a greater impact on the economic rather than on the environmental performance of the system.
期刊介绍：
Ecological Economics is concerned with extending and integrating the understanding of the interfaces and interplay between "nature''s household" (ecosystems) and "humanity''s household" (the economy). Ecological economics is an interdisciplinary field defined by a set of concrete problems or challenges related to governing economic activity in a way that promotes human well-being, sustainability, and justice. The journal thus emphasizes critical work that draws on and integrates elements of ecological science, economics, and the analysis of values, behaviors, cultural practices, institutional structures, and societal dynamics. The journal is transdisciplinary in spirit and methodologically open, drawing on the insights offered by a variety of intellectual traditions, and appealing to a diverse readership.
Specific research areas covered include: valuation of natural resources, sustainable agriculture and development, ecologically integrated technology, integrated ecologic-economic modelling at scales from local to regional to global, implications of thermodynamics for economics and ecology, renewable resource management and conservation, critical assessments of the basic assumptions underlying current economic and ecological paradigms and the implications of alternative assumptions, economic and ecological consequences of genetically engineered organisms, and gene pool inventory and management, alternative principles for valuing natural wealth, integrating natural resources and environmental services into national income and wealth accounts, methods of implementing efficient environmental policies, case studies of economic-ecologic conflict or harmony, etc. New issues in this area are rapidly emerging and will find a ready forum in Ecological Economics.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
