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portada The Sharing Economy: Its Pitfalls and Promises
Type
Physical Book
Author
Publisher
Language
English
Pages
168
Format
Paperback
Dimensions
22.6 x 15.2 x 1.6 cm
Weight
0.36 kg.
ISBN13
9780255367912
Categories

The Sharing Economy: Its Pitfalls and Promises

Michael C. Munger (Author) · Institute of Economic Affairs · Paperback

The Sharing Economy: Its Pitfalls and Promises - Munger, Michael C.

New Book Imported to Taiwan
Delivery: 17 Jul - 27 Jul Shipping: 5 to 6 business days.
NT$ 844
NT$ 844

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Synopsis "The Sharing Economy: Its Pitfalls and Promises"

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 But in the past two decades these physical locations have increasingly been replaced by their virtual counterparts - online platforms.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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