The sharing economy : its pitfalls and promises / / Michael C. Munger

• Record Nr.: UNINA9910825233403321
• Autore: Munger Michael C.
• Pubbl/distr/stampa: Westminster : , : Institute of Economic Affairs, , [2021]; ©2021
• ISBN: 0-255-36793-7; 0-255-36792-9
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (171 pages)
• Disciplina: 334
• Soggetti: Sharing - Economic aspects; Consumption (Economics)
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di contenuto: Chapter1 -- Chapter5 -- _GoBack -- Chapter7 -- _Hlk31203049 -- _Hlk492205620 -- About the author -- Acknowledgements -- Summary -- Figures -- 1 Introduction -- 2 Revolutions and disruption -- Transaction costs and commodifying excess capacity -- Owning, renting and the commodification of excess capacity -- Cost in two-sided markets: who is buying and who is selling? -- 3 Platforms and ownership -- Selling trust raises the problem of antitrust -- Platforms don't sell stuff -- Decentralised 'retail' ownership is too expensive -- Wikipedia and tool libraries: beyond rental -- 4 Commodifying excess capacity -- 5 Middlemen: sellers of transaction cost reduction -- The middleman platform economy -- Back to transaction costs: why ownership is too expensive -- 6 Ride-sharing -- Uber: the origin -- Not a taxi company? -- Surge pricing -- 7 Problems with disruptive technology -- Sabotage: when the referee is also a player -- A different example: 'Uber but for planes' -- Fairness, exclusion and 'social credit' -- 8 Conclusion -- Change as a constant -- Saltation -- Separation -- The general answer: permissionless innovation -- Final words: the next three crises -- References -- Index -- About the IEA -- Figure 1 Housing by tenure in England: 1918-2019 -- Figure 2 Sharing economy users and US population -- Blank Page -- Chapter1 -- Chapter5 -- _GoBack -- Chapter7 -- _Hlk31203049 -- ; _Hlk492205620 -- About the author -- Acknowledgements -- Summary -- Figures -- 1 Introduction -- 2 Revolutions and disruption -- Transaction costs and commodifying excess capacity -- Owning, renting and the commodification of excess capacity -- Cost in two-sided markets: who is buying and who is selling? -- 3 Platforms and ownership -- Selling trust raises the problem of antitrust -- Platforms don't sell stuff -- Decentralised 'retail' ownership is too expensive.; Wikipedia and tool libraries: beyond rental -- 4 Commodifying excess capacity -- 5 Middlemen: sellers of transaction cost reduction -- The middleman platform economy -- Back to transaction costs: why ownership is too expensive -- 6 Ride-sharing -- Uber: the origin -- Not a taxi company? -- Surge pricing -- 7 Problems with disruptive technology -- Sabotage: when the referee is also a player -- A different example: 'Uber but for planes' -- Fairness, exclusion and 'social credit' -- 8 Conclusion -- Change as a constant -- Saltation -- Separation -- The general answer: permissionless innovation -- Final words: the next three crises -- References -- Index -- About the IEA -- Figure 1 Housing by tenure in England: 1918-2019 -- Figure 2 Sharing economy users and US population.