Download the fantastic book titled The Sharing Economy Its Pitfalls and Promises written by Michael C. Munger, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "The Sharing Economy Its Pitfalls and Promises", which was released on 12 August 2021. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of The Sharing Economy Its Pitfalls and Promises by Michael C. Munger PDF
Transactions have always taken place. For hundreds of years that ‘place’ was a market or, more recently, a shopping mall. But in the past two decades these physical locations have increasingly been replaced by their virtual counterparts – online platforms. Here, author Michael C. Munger demonstrates how these platforms act as matchmakers or middlemen, a role traders have adopted since the very first exchanges thousands of years ago. The difference today is that the matchmakers often play no direct part in buying or selling anything – they just help buyers and sellers find each other. Their major contribution has been to reduce the costs of organising and completing purchases, rentals or exchanges. The Sharing Economy: Its Pitfalls and Promises contends that the key role of online platforms is to create reductions in transaction costs and it highlights the importance of three ‘Ts’ - triangulation, transfer and trust – in bringing down those costs.
Detail About The Sharing Economy Its Pitfalls and Promises PDF
- Author : Michael C. Munger
- Publisher : Do Sustainability
- Genre : Business & Economics
- Total Pages : 171 pages
- ISBN : 0255367929
- Release Date : 12 August 2021
- PDF File Size : 52,8 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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