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Inhaltsangabe
Transactions have always taken place. For hundreds of years that ‘place’ was a market or, more recently, a shopping mall. But in the past two decades these physical locations have increasingly been replaced by their virtual counterparts – online platforms. Here, author Michael C. Munger demonstrates how these platforms act as matchmakers or middlemen, a role traders have adopted since the very first exchanges thousands of years ago. The difference today is that the matchmakers often play no direct part in buying or selling anything – they just help buyers and sellers find each other. Their major contribution has been to reduce the costs of organising and completing purchases, rentals or exchanges. The Sharing Economy: Its Pitfalls and Promises contends that the key role of online platforms is to create reductions in transaction costs and it highlights the importance of three ‘Ts’ - triangulation, transfer and trust – in bringing down those costs.
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Über die Autorin bzw. den Autor
Michael C. Munger is a researcher and administrator at Duke University, North Carolina. He is a visiting senior research fellow at the Independent Institute in Oakland, California, and at the American Institute for Economic Research. He has taught at Dartmouth College, University of Texas, and University of North Carolina. His published research has covered spatial theory, political decision making, and the problem of voluntary exchange. His book, Is Capitalism Sustainable?, was published in 2019 by the American Institute for Economic Research. He is a past editor of the journal Public Choice, as well as a past president of the Public Choice Society.
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The Sharing Economy: Its Pitfalls and Promises
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Institute Of Economic Affairs, 2021
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The Sharing Economy: Its Pitfalls and Promises
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Institute Of Economic Affairs, 2021
ISBN 10: 0255367910
ISBN 13: 9780255367912
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The Sharing Economy: Its Pitfalls and Promises
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Institute Of Economic Affairs, 2021
ISBN 10: 0255367910
ISBN 13: 9780255367912
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Zustand: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,250grams, ISBN:9780255367912. Artikel-Nr. 2925000
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The Sharing Economy: Its Pitfalls and Promises
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Zustand: New. Über den AutorMichael Munger is a researcher and administrator at Duke University in North Carolina. He is a senior research fellow at the Independent Institute in Oakland, California, and at the American Institute for Economic R. Artikel-Nr. 497927189
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The Sharing Economy : Its Pitfalls and Promises
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Institute Of Economic Affairs Sep 2021, 2021
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ISBN 13: 9780255367912
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Taschenbuch. Zustand: Neu. Neuware - Transactions have always taken place. For hundreds of years that 'place' was a market or, more recently, a shopping mall. But in the past two decades these physical locations have increasingly been replaced by their virtual counterparts - online platforms. Here, author Michael C. Munger demonstrates how these platforms act as matchmakers or middlemen, a role traders have adopted since the very first exchanges thousands of years ago. The difference today is that the matchmakers often play no direct part in buying or selling anything - they just help buyers and sellers find each other. Their major contribution has been to reduce the costs of organising and completing purchases, rentals or exchanges. The Sharing Economy: Its Pitfalls and Promises contends that the key role of online platforms is to create reductions in transaction costs and it highlights the importance of three 'Ts' - triangulation, transfer and trust - in bringing down those costs. Artikel-Nr. 9780255367912
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The Sharing Economy: Its Pitfalls and Promises
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The Sharing Economy: Its Pitfalls and Promises
Verlag:
Institute Of Economic Affairs, 2021
ISBN 10: 0255367910
ISBN 13: 9780255367912
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