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Modeling the Cashflow Management of Bike Sharing Industry

  • Binrui Shen
  • Yu Shan
  • Yunyu Jia
  • Dejun XieEmail author
  • Shengxin ZhuEmail author
Conference paper
Part of the Lecture Notes in Business Information Processing book series (LNBIP, volume 354)

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.

Keywords

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

Notes

Acknowledgement

The authors are grateful to the valuable comments from the anonymous reviewers, which helped to improve the earlier version of the paper. The research is supported by Natural Science Foundation of China (NSFC.11501044, 1181339), Jiangsu Science and Technology Basic Research Programme (BK20171237), Key Program Special Fund in XJTLU (KSF-E-21), Research Development Fund of XJTLU (RDF-2017-02-23), and partially supported by NSFC (No.11571002,11571047,11671049,11671051,61672003).

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.Xi’an Jiaotong Liverpool UniversitySuzhouChina
  2. 2.University of LiverpoolLiverpoolUK

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