03873nam 2200445 450 991082523340332120230629220724.00-255-36793-70-255-36792-9(CKB)4100000011996180(MiAaPQ)EBC6696011(Au-PeEL)EBL6696011(EXLCZ)99410000001199618020220427d2021 uy 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierThe sharing economy its pitfalls and promises /Michael C. Munger1st ed.Westminster :Institute of Economic Affairs,[2021]©20211 online resource (171 pages)0-255-36791-0 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.SharingEconomic aspectsConsumption (Economics)SharingEconomic aspects.Consumption (Economics)334Munger Michael C.1125221MiAaPQMiAaPQMiAaPQBOOK9910825233403321The sharing economy4111802UNINA