New Perspectives on the Causes of Stagnation and Decline in the Sharing Economy: Application of the Hybrid Multi-Attribute Decision-Making Method

Hsu-Hua Lee, Chien-Hua Chen (), Ling-Ya Kao, Wen-Tsung Wu and Chu-Hung Liu
Additional contact information
Hsu-Hua Lee: Department of Management Sciences, Tamkang University, No.151, Yingzhuan Rd., Tamsui Dist., New Taipei City 25137, Taiwan
Chien-Hua Chen: Department of Management Sciences, Tamkang University, No.151, Yingzhuan Rd., Tamsui Dist., New Taipei City 25137, Taiwan
Ling-Ya Kao: Department of International Business, National Dong Hwa University, No. 1, Sec. 2, Da Hsueh Rd. Shoufeng, Hualien 974301, Taiwan
Wen-Tsung Wu: Department of International Business, National Dong Hwa University, No. 1, Sec. 2, Da Hsueh Rd. Shoufeng, Hualien 974301, Taiwan
Chu-Hung Liu: Department of International Business, National Dong Hwa University, No. 1, Sec. 2, Da Hsueh Rd. Shoufeng, Hualien 974301, Taiwan

Mathematics, 2025, vol. 13, issue 7, 1-25

Abstract: Against the backdrop of global economic changes and rapid technological innovation, the sharing economy model is gradually transforming the operational mechanisms of traditional industries. However, some industries have experienced stagnation and recession during this transition, leading to market development constraints. The necessity of this study lies in filling the gap in the existing literature by conducting an in-depth analysis of the critical factors contributing to industrial stagnation and recession in the sharing economy. This study aims to provide concrete countermeasures for businesses and policymakers. The novelty of this research study lies in integrating multiple key variables affecting industrial development, including green production concepts, the circular economy, large-scale production, high-quality product demand driven by industrial automation, the sharing economy, and smart production. By employing multi-criterion decision-making methods, we quantitatively assess the impact of these factors more accurately. This study employs the Multi-Attribute Decision-Making (MADM) model, integrating the Decision-Making Trial and Evaluation Laboratory (DEMATEL) and the Analytic Network Process (ANP) to form D&ANP for analytical research. Highly automated industries are selected as the research subjects. The DEMATEL technique is used to construct the Influential Network Relationship Map (INRM), while the ANP concept is incorporated to develop the D&ANP model. Through the D&ANP method, influential weights are calculated and combined with industry-specific assessments of the suitability of potential causes (or attributes) contributing to economic stagnation and recession to determine the average performance values for each industry. These values are further compared with benchmark suitability performance values to distinguish ideal and non-ideal conditions across industries facing economic stagnation and recession. The analysis results indicate that different industries are influenced by varying factors, requiring strategic adjustments based on their unique development environments. Accordingly, this study provides industry-specific recommendations to optimize business models and resource allocation, mitigate the risks of economic stagnation and recession, and promote sustainable industrial development and economic recovery. The findings of this study not only contribute to empirical research on the impact of the sharing economy on industrial development but also serve as a decision-making reference for businesses. By offering strategic insights, enterprises can better respond to market dynamics, enhance competitiveness, and ensure long-term stable growth.

Keywords: smart production; circular economy; sharing economy; DEMATEL; ANP (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2025
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2227-7390/13/7/1051/pdf (application/pdf)
https://www.mdpi.com/2227-7390/13/7/1051/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jmathe:v:13:y:2025:i:7:p:1051-:d:1619161

Access Statistics for this article

Mathematics is currently edited by Ms. Emma He

More articles in Mathematics from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().