A Versatile queuing system for sharing economy platform operations

Song Kyoo Kim, Chan Yeob Yeun

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)


The paper deals with a sharing economy system with various management factors by using a bulk input G/M/1 type queuing model. The effective management of operating costs is vital for controlling the sharing economy platform and this research builds the theoretical background to understand the sharing economy business model. Analytically, the techniques include a classical Markov process of the single channel queueing system, semi-Markov process and semi-regenerative process. It uses the stochastic congruent properties to find the probability distribution of the number of contractors in the sharing economy platform. The obtained explicit formulas demonstrate the usage of functional for the main stochastic characteristics including sharing expenses due to over contracted resources and optimization of their objective function.

Original languageEnglish
Article number1005
Issue number11
Publication statusPublished - 1 Nov 2019
Externally publishedYes


  • Non-linear system
  • Queueing model
  • Semi-regenerative process
  • Service management
  • Sharing economy
  • Stochastic congruence


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