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We study the effect of Airbnb on restaurant revenue in the state of Texas using a difference in difference strategy that exploits the geographical and temporal variation of Airbnb's entry in Texas to show that a 1% increase in Airbnb listings is associated with a 0.01% increase in restaurant...
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We study the market for fake product reviews on Amazon.com. These reviews are purchased in large private internet groups on Facebook and other sites. We hand-collect data on these markets to characterise the types of products that buy fake reviews and then collect large amounts of data on the...
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Sharing economy platforms have become extremely popular in the last few years, and they have changed the way in which we commute, travel, and borrow among many other activities. Despite their popularity among consumers, such companies are poorly regulated. For example, Airbnb, one of the most...
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Peer-to-peer markets, collectively known as the sharing economy, have emerged as alternative suppliers of goods and services traditionally provided by long-established industries. We explore the economic impact of the sharing economy on incumbent firms by studying the case of Airbnb, a prominent...
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We assess the impact of home-sharing on residential house prices and rents. Using a dataset of Airbnb listings from the entire United States and an instrumental variables estimation strategy, we show that Airbnb has a positive impact on house prices and rents. This effect is stronger in zipcodes...
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This paper reviews the rapidly growing research in the area of the sharing economy. Considerable confusion exists about what constitutes the sharing economy, what has caused its growth, and which terms best describe the phenomenon, while the appearance of papers in different disciplines has...
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