Game Theory Approach to Product Service Systems

Nariaki Nishino; Benny Tjahjono

doi:10.1016/j.procir.2018.03.326

Game Theory Approach to Product Service Systems

Nariaki Nishino, Benny Tjahjono

College of Business & Law

Research output: Contribution to journal › Article › peer-review

3 Citations (Scopus)

93 Downloads (Pure)

Abstract

This conceptual paper discusses the application of game theory to Product Service System (PSS) research by highlighting the pros and cons in game theory in treating various aspects of PSS. To this end, we first describe the basic formulation in game theory, its usefulness and limitations and its potential applications in PSS. We then propose some ways of modeling three types of PSS: product-oriented PSS, use-oriented PSS, and result-oriented PSS using the game theory framework. Three studies that authors have so far conducted are presented as case examples: (1) a case addressing a member-type PSS, (2) a case of product lease service, and (3) a case of platform businesses. We explain how to apply our proposed modeling methods in the aforementioned cases.

Original language	English
Pages (from-to)	304-309
Number of pages	6
Journal	Procedia CIRP
Volume	73
DOIs	https://doi.org/10.1016/j.procir.2018.03.326
Publication status	Published - 3 Jul 2018

Bibliographical note

open access - Creative Commons Attribution Non-Commercial No-Derivatives License

Keywords

Equilibrium
Modeling
Willingness-to-pay per unit time

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10.1016/j.procir.2018.03.326

PublishedFinal published version, 1.09 MBLicence: CC BY-NC-ND

Benny Tjahjono
- Research Centre for Business in Society - Professor of Sustainability and Supply Chain Management
Person: Teaching and Research

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title = "Game Theory Approach to Product Service Systems",

abstract = "This conceptual paper discusses the application of game theory to Product Service System (PSS) research by highlighting the pros and cons in game theory in treating various aspects of PSS. To this end, we first describe the basic formulation in game theory, its usefulness and limitations and its potential applications in PSS. We then propose some ways of modeling three types of PSS: product-oriented PSS, use-oriented PSS, and result-oriented PSS using the game theory framework. Three studies that authors have so far conducted are presented as case examples: (1) a case addressing a member-type PSS, (2) a case of product lease service, and (3) a case of platform businesses. We explain how to apply our proposed modeling methods in the aforementioned cases.",

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author = "Nariaki Nishino and Benny Tjahjono",

note = "open access - Creative Commons Attribution Non-Commercial No-Derivatives License ",

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N2 - This conceptual paper discusses the application of game theory to Product Service System (PSS) research by highlighting the pros and cons in game theory in treating various aspects of PSS. To this end, we first describe the basic formulation in game theory, its usefulness and limitations and its potential applications in PSS. We then propose some ways of modeling three types of PSS: product-oriented PSS, use-oriented PSS, and result-oriented PSS using the game theory framework. Three studies that authors have so far conducted are presented as case examples: (1) a case addressing a member-type PSS, (2) a case of product lease service, and (3) a case of platform businesses. We explain how to apply our proposed modeling methods in the aforementioned cases.

AB - This conceptual paper discusses the application of game theory to Product Service System (PSS) research by highlighting the pros and cons in game theory in treating various aspects of PSS. To this end, we first describe the basic formulation in game theory, its usefulness and limitations and its potential applications in PSS. We then propose some ways of modeling three types of PSS: product-oriented PSS, use-oriented PSS, and result-oriented PSS using the game theory framework. Three studies that authors have so far conducted are presented as case examples: (1) a case addressing a member-type PSS, (2) a case of product lease service, and (3) a case of platform businesses. We explain how to apply our proposed modeling methods in the aforementioned cases.

KW - Equilibrium

KW - Modeling

KW - Willingness-to-pay per unit time

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DO - 10.1016/j.procir.2018.03.326

M3 - Article

SN - 2212-8271

VL - 73

SP - 304

EP - 309

JO - Procedia CIRP

JF - Procedia CIRP

ER -

Game Theory Approach to Product Service Systems

Abstract

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Keywords

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Benny Tjahjono

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