This paper assesses the importance of digitalization in Germany and other developed countries with a particular attention to the potential or actual impact it may have on the labor market. Referring to available empirical evidence, we document the already developing transformation of occupations...

The 'sharing economy' is changing the rules of business. Why pay a lot to own a hedge trimmer you use twice a year? Why not pay a little to borrow someone else's? Why leave your driveway empty all day while you're at work? Why not charge someone to share it while you're not using it? And, if...

The sharing economy is a new online community that has important implications for offline behavior. This study evaluates whether engagement in the sharing economy is associated with an actor's aversion to risk. Using a web-based survey and a field experiment, we apply an adaptation of Holt and...