Living Room Instead of Hotel Room

The chapter explores shared accommodation platforms such as Airbnb and the primary motivations for its customers. This research will be based on the deductive process, which is focused on primary and secondary research. This research aims to analyze the motivation towards either the Airbnb platform or traditional hotel from different perspectives, such as economic, environmental, and social. Additionally, after secondary data research, the questionnaire has been constructed to understand the main concepts of the P2P platform and its customers' needs. The investigation tried to notice what are the motivations which drive individuals to use P2P accommodation service. Through the survey, it was possible to see the motivations mainly related to the economic factor and environmental. Primarily due to the lower price of Airbnb, there is a more significant intent to book through this specific platform.

MUZARA’AH DENGAN SISTEM MURABAHAH SEBAGAI UPAYA MENSTABILKAN HARGA KEDELAI DIMASA PANDEMI COVID-19

The purpose of this study was to determine the characteristics of the muzara'ah akad with the murabahah system as an alternative in stabilizing soybean prices during the covid-19 pandemic. This normative legal research using statute and conceptual approach, shows that the characteristics of a muzara'ah akad with a murabahah system can be seen from 4 (four) things, namely: First, it consists of 4 (four) people, namely Islamic Banks, Soybean Farmers, Cultivators, and Tempe Producers; Second, the object in the muzara'ah akad with the murabahah system is the form of agricultural capital for the first transaction, and soybeans for the second and third. Third, in this akad, the bank, soybean farmers, and cultivators get a profit, while tempe traders do not get a profit in the form of a margin, but tempe producers benefit, because they can buy soybeans at a lower price. Fourth, soybean farmers who do not have the funds or costs or capital to buy seeds, fertilizers, agricultural equipment, and so on can apply for financing to the bank.

On the degree of distortions under second-degree price discrimination

This paper highlights the limitations and applicability of results developed by Chao & Nahata (2015) for nonlinear pricing. Although Chao and Nahata appear to provide necessary and sufficient conditions for general utility functions, we show that one of their results leads only to a restatement of two constraints, and another result may not be valid when consumers can freely dispose of the good. Their model allows for the possibility that higher quantities will have a lower price than smaller quantities. We provide conditions under free disposal that preclude this anomaly. Our analysis suggests that further research on violations of the single-crossing condition should be encouraged.

Carotene Reduction Level in The Processing of Pumpkin Instant Brownies

Pumpkin is a local food of Jember which the amount of harvested area and productivity is increasing every year. Pumpkin is a source of beta carotene with a relatively lower price than other beta carotene sources. Diversification of pumpkin-based food products will produce nutritionally rich products with added value. Brownies are one of the bakery products that can be processed with 100% pumpkin flour as raw material, increasing the added value can be done by diversifying it into semi-finished products with pumpkin steamed brownie premix flour. What needs to be evaluated in the diversification process is the change in the levels of carotene as its functional component. The research method used was descriptive evaluating changes in carotene in 6 treatments of pumpkin steamed brownies premix flour formulations. Based on the results of the study, the most abundant carotene was found in the 100% pumpkin flour formulation treatment, namely 77.99 mg/100g in premix flour and 5.05 mg/100g in steamed brownies. The higher the pumpkin content, the lower the degree of reduction in total carotene will be.

Joint Pricing Strategies for Tobacco Manufacturing Equipment and Optional Value-added Service

Objectives: This paper constructs an analytic model for optimal pricing in which the interrelationship between the tobacco equipment and the optional value-added service supplied by tobacco equipment manufacturers are effectively depicted, and derives the closed-form solutions of the optimal prices, which has previously been considered analytically intractable in the bundling problem of pricing two goods. The research reveals that when the marginal cost of the optional value-added service is 0 and the valuation of the service for tobacco manufacturing enterprises is relatively low, it is advisable to adopt pure bundling pricing strategy; when the marginal cost of the service is 0 but the valuation of the service is relatively high, it is advisable to adopt separate pricing strategy; when the marginal cost of the service is greater than 0, separate pricing strategy is always optimal. And it is interesting that, under separate pricing strategy, the higher valuation of the tobacco equipment leads to lower price for the service; the higher marginal cost of the service leads to higher price for the service, but lower price for the tobacco equipment. This paper also proves that there are only two basic pricing strategies for tobacco equipment manufacturers: pure bundling pricing and separate pricing of the tobacco equipment and service.

Underpricing Luxury: When a Lower Price Results in Higher Reputation

Determining the price point is a vexing problem for firms: price too high and there is no market, but price too low and money is left on the table. Complicating matters further, for many goods there is a secondary market where products can be resold following the initial sale by the firm. Here, the open market determines the price point that end consumers pay. Often that price is higher than the price offered by the firm for goods such as premium handbags, wine, high-end watches, and works of art, so the consumer will see the product’s quality or appeal validated by the market, which leads to a reputation gain for the firm. This phenomenon goes beyond physical products and includes a variety of services, such as live concerts, as reflected in their ticket prices in primary and secondary markets. However, the secondary market can also offer a lower price than the firm’s original offering, which hurts the firm’s reputation. Typically, the luxury market equates higher prices with higher status but neglects the impact of the secondary market. Our research considers the case where initially underpricing a good may be in a luxury firm’s long-term interest. Although underpricing has been used in initial public offering (IPO) markets to increase the firm’s reputation, it has been viewed as a problem or discouraged in other market industries. Our hypothesis is that reputation has long-term value for firms and, in industries where a visible secondary (i.e., resale) market exists for products, price increases after product release lead to gains in reputation as higher resale prices signal quality and value.

Green Supply Chain Newsvendor Model and Analysis under Multiplicative Random Demand

In this paper, we investigate the performance of green supply chain newsvendor model under multiplicative random demand. In our model, the green supply chain consists of one manufacturer and one retailer. The manufacturer acts as a leader, which decides the variables: production quantity, wholesale price and green-level; the retailer acts as a follower, decides on the retail price. Centralized and decentralized optimal solutions are obtained to optimize the manufacturer's production, stocking and green-level decision while anticipating the retailer's price optimization decision. Through research, it is found that the stocking factor decreases with the increasing price elasticity and is not affected by the green-level elasticity; Lower price elasticity will increase the optimal selling price of the green product, while green-level elasticity has no effect on the price; Larger price elasticity or green-level elasticity will increase the optimal green-level of the green product; Lower price elasticity or higher green-level elasticity will increase the overall profitability of the supply chain; Profit sharing between manufacturer and retailer under the decentralized model only depends on price elasticity and green-level elasticity; The greater price elasticity, the more beneficial to the retailer, the greater the green-level, the more beneficial to the manufacturer.

TINJAUAN FIQH MUAMALAH TERHADAP JUAL BELI SUKU CADANG BEKAS SEPEDA MOTOR

When consumers repair motorbikes at the Desa Wage workshop, many employees take the spare parts and resell them such as chains, batteries and other spare parts that can still be repaired. From the used spare parts collected without the permission of the owner of the used spare parts, the perpetrators sell them to other consumers for reuse at a lower price. The formulation of the problem in this study is how the practice of buying and selling used spare parts at the Village Workshop of Upah Subdistrict, Bendahara District, Aceh Tamiang Regency and how is the Fiqh Muamalah review of the practice of buying and selling used spare parts in the Workshop of Upah Village, Bendahara District, Aceh Tamiang Regency. This research includes field research conducted on workshop employees and consumers in Upah Village, Bendahara District, Aceh Tamiang Regency. The type of research in this research is sociological normative which is carried out by looking at the facts that occur in the field related to legal aspects in social interactions in society. Data collection methods are observation, unstructured interviews and documentation. From the results of the study, the researcher concludes that in the practice of buying and selling used spare parts, consumers are given the option when repairing vehicles, namely with new or used spare parts. used spare parts are obtained from the property of consumers where the damaged spare parts have been replaced with new ones and the damaged spare parts are taken by the employee without asking the consumer and repaired by the employee and resold. The sale and purchase of used motorcycle spare parts in the workshop of Upah Village, District Treasurer, Aceh Tamiang Regency. In terms of Fiqh muamalah, the sale and purchase of used motorcycle parts is not allowed, because the used spare parts are not the property of the employee but rather the property of the consumer. The ownership has not yet been transferred to the employee, because there is no one of the reasons for ownership.

Pengaruh Harga terhadap Keputusan Pembelian Konsumen:

Supermarket 212 Mart is here as an answer to meet consumer decisions who want to shop in modern markets based on sharia. However, its new presence has not been able to compete and seize the existing market. Even though the 212 Mart supermarket has implemented a marketing strategy to increase consumer purchasing decisions, this still cannot attract the decision of the wider community to shop because there are several elements of the community's retail mix that have not been maximally implemented. There are many factors that can influence consumer purchasing decisions, one of which is price. The purpose of this study is to determine and analyze the effect of price on consumer purchasing decisions 212 Mart Cikaret. The research method used is a survey method with a correlational analysis approach. The number of samples is 100 people. The test was carried out with a simple linear test by first testing the validity, reliability, and data analysis The results of the analysis show that the price variable has a significant effect on buying decisions (t count 16.591 is greater than t table 1.985 with a significant level of 5%). Ho is rejected, Ha is accepted, meaning that there is a significant price effect on consumer decisions to shop at 212 Mart supermarkets. The price variable has a positive correlation with purchasing decisions with a coefficient of determination (R2) of 655.8%. The positive constant value indicates the potential for consumer fanaticism towards 212 Mart Cikaret. Fanaticism gets stronger if there is a lower price than its competitors.