The disruption of sharing economy services to incumbent firms has attracted growing attention. Yet, the literature is silent on how incumbents respond to the rivalry and the resulted consequences. We investigate incumbent hotels' adjustment on quality after home sharing's entry using management...

As cities debate regulations of Airbnb and other home-sharing services, we study the impacts of home sharing on local residential real estate markets. By leveraging a unique quasi-experiment on Airbnb—a platform policy that caps the number of properties a host can manage in a city, we present...

Matching efficiency makes or breaks peer-to-peer (P2P) platforms’ business model. As the grassroots nature of these markets involves a shift toward elite offerings, will differentiating suppliers by quality increase matching efficiency? Should P2P platforms differentiate suppliers without...

The advent of crypto tokens has enabled ventures to raise funding through initial coin offerings (ICOs) to develop their blockchain-based applications. As of May 2019, ventures worldwide have raised over $27 billion from token-based financing. Yet, whether and how this new funding method assists...

We study professional players and their impacts in peer-to-peer (P2P) markets. P2P markets predominantly consisted of individual, nonprofessional agents but have recently witnessed a rapid influx of corporate suppliers and other professional agents who capitalize on these platforms. What is the...

As digital platforms continue to thrive, data transparency has attracted significant interest from researchers and regulators. Advocates argue that digital platforms cannot be well governed without access to their user data, while proposals to grant governments access to user data are...

The emergence of platform-based home sharing, such as Airbnb, allows investors to purchase houses from residential markets and rent them out as transient accommodations. Debates on housing affordability have arisen due to redistributed home supply from residential markets to home-sharing...