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Sharing goods, services or knowledge is at the center of the so-called Sharing Economy. Businesses are usually based on online platforms that match demand and supply which is in many cases, but not always provided by individuals. Sharing Economy companies typically compete with traditional...
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We examine competition between two-sided platforms in a sharing economy using ride sharing as an example. In this economy, drivers self-schedule their supply based on the wage they receive. The platforms compete for drivers as well as riders. To attract drivers, platforms have used diverse wage...
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We study how small and medium enterprise (SME) lenders react to information about their competitors' contracting decisions. To isolate this learning from lenders' common reactions to unobserved shocks to fundamentals, we exploit the staggered entry of lenders into an information sharing...
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The entry of flexible-capacity sharing economy platforms (e.g., Airbnb and Uber) has potentially changed the competitive landscape in traditional industries with fixed- capacity incumbents and volatile demand. Leveraging panel data on hotels and Airbnb, we study how the sharing economy...
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The amount of computational power devoted to anonymous, decentralized blockchains such as Bitcoin's must simultaneously satisfy two conditions in equilibrium: (1) a zero-profit condition among miners, who engage in a rent-seeking competition for the prize associated with adding the next block to...
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