Model of the non-commodity exchange mechanism of bit-products based on the exchange value measurement

LI Xi-ye, SHU Hua-ying

Systems Engineering - Theory & Practice ›› 2014, Vol. 34 ›› Issue (8) : 2034-2044.

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Systems Engineering - Theory & Practice ›› 2014, Vol. 34 ›› Issue (8) : 2034-2044. DOI: 10.12011/1000-6788(2014)8-2034

Model of the non-commodity exchange mechanism of bit-products based on the exchange value measurement

  • LI Xi-ye, SHU Hua-ying
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Abstract

In this paper we studied the exchange purpose and exchange value of bit-products between users in the online community. Based on the exchange value measurement, we established the model of no-commodity exchange. The simulation results show that the coverage scale of bit-products and the quantity of exchange value which the creator gained have been positively affected by the initial producing time that the creator invested to bit-products, the length of time the creator wait to obtain the exchange value, the proportion of transfer emotion driven by interest and the trust time of exchange relationship in confidence stage. Meanwhile, when the transmitting time and the network externality of bit-products decrease, the coverage scale of bit-products and the quantity of exchange value the creator gained have increased.

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bit-products / non-commodity exchange / exchange value / exchange mechanism

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LI Xi-ye , SHU Hua-ying. Model of the non-commodity exchange mechanism of bit-products based on the exchange value measurement. Systems Engineering - Theory & Practice, 2014, 34(8): 2034-2044 https://doi.org/10.12011/1000-6788(2014)8-2034

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