Transaction costs and the sharing economy

Anders Henten · Iwona Maria Windekilde

235 citations0/0 files storedInfo

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Sharing Economy and Platforms Digital Platforms and Economics Digital Economy and Work Transformation

Abstract

Purpose The paper aims to discuss the so-called sharing economy from a business modeling and industrial structure perspective. The illustrative cases examined are Airbnb and Uber. The research question raised is concerned with the extent to which transaction cost theory can be used to explain the changing industrial structures in the application areas that the Internet-based platforms are addressing and how other theoretical frameworks can be helpful in understanding these developments. Design/methodology/approach As the sharing economy topic is relatively new, the paper takes its point of departure in a brief overview of the different issues discussed in the academic literature and the press regarding this emerging phenomenon. The paper presents relevant theoretical approaches to analyzing business models of sharing platforms and industrial structure implications. It, thereafter, presents the cases of Airbnb and Uber to discuss the relevance of the theories put forward. Findings The paper concludes by proposing a theoretical framework for analyzing the structural implications of the sharing economy based on theories on multi-sided platforms, transaction costs and substitution and complementation. Research limitations/implications The research implications are to establish a comprehensive theory framework for analyzing the development of commercial sharing platforms. Originality/value The originality and value of the paper is related to the novelty of topic and the development of a theory framework for analyzing the business models of commercial sharing platforms. Only little has been written from an academic analytical perspective on the sharing economy, and there is a need for developing a coherent framework for analyzing these developments.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 235 citations exist upstream.

References

1937The Nature of the Firm 1979Transaction-Cost Economics: The Governance of Contractual Relations 2004Co-creation experiences: The next practice in value creation 1981The Economics of Organization: The Transaction Cost Approach 2015The sharing economy: Why people participate in collaborative consumption 1958Models of Man--Social and Rational 2006Two-sided markets: a progress report 2013You are what you can access: Sharing and collaborative consumption online

Cited by

2018Prospects and challenges of sharing economy for the public sector 2018Clarifying the Sharing Economy: Conceptualization, Typology, Antecedents, and Effects 2017Value co-creation in a sharing economy: The end of price wars?2017Upsides and downsides of the sharing economy: Collaborative consumption business models' stakeholder value impacts and their relationship to context 2018Business model innovation and value-creation: the triadic way 2017

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.