Optimal Pricing and Service Investment of Home-Sharing Platforms in a Duopoly Market

Table 1

Summary of notations.

Notations	Descriptions
	Service price (decision variable).
	Service level (decision variables).
	The number of days in a period.
	The intrinsic value of short-term rental services.
	The intrinsic value of long-term rental services.
	Utility per unit of service level.
	The unsuitable cost for consumers to choose the short-term rental service/ the long-term rental service, where .
	Unit cost of services provided by the platform.
	Commission rate.