Powered by digital technologies, many peer-to-peer platforms, or what is called the sharing economy, have emerged in the past decade. While the impact of the sharing economy has re- ceived a great deal of attention in the past few years, extant research hasn’t fully documented the impact of...

As home-sharing platforms have continued to grow exponentially in the past decade, regulators are facing policy concerns as they address the impacts of these home-sharing platforms. It is essential for policymakers to understand the economic and societal impacts that these platforms pose as well...

We propose a “noisy signaling" hypothesis of open market share repurchase (OMSR) programs, where the equity market equilibrium that prevails after OMSR program announcements is a partial pooling rather than a fully separating equilibrium. We argue that two complementary mechanisms, namely,...