Targetted Intervention in the Platform Economy: The Case of Peer-to-Peer Short Term Rentals in Barcelona

2018 ◽  
Author(s):  
Mireia Artigot-Golobardes
Author(s):  
Nina M. Bachmann ◽  
Benedict Drasch ◽  
Gilbert Fridgen ◽  
Michael Miksch ◽  
Ferdinand Regner ◽  
...  

AbstractThe phenomenon of a blockchain use case called initial coin offering (ICO) is drawing increasing attention as a novel funding mechanism. ICO is a crowdfunding type that utilizes blockchain tokens to allow for truly peer-to-peer investments. Although more than $7bn has been raised globally via ICOs as at 2018, the concept and its implications are not yet entirely understood. The research lags behind in providing in-depth analyses of ICO designs and their long-term success. We address this research gap by developing an ICO taxonomy, applying a cluster analysis to identify prevailing ICO archetypes, and providing an outlook on the token value market performance for individual archetypes. We identify five ICO design archetypes and display their secondary market development from both a short-term and a long-term perspective. We contribute to an in-depth understanding of ICOs and their implications. Further, we offer practitioners tangible design and success indications for future ICOs.


Author(s):  
Sara Dolnicar

Peer-to-peer accommodation networks have rocked the established accommodation sector, dramatically increasing the variety of accommodation options available to people around the world. They have also created a number of societal challenges never expected to result from a short-term accommodation trading platform. Something about peer-to-peer accommodation networks is very different from anything we have seen before, although they consist of building blocks which are not new at all. This chapter explores some of the unique features of Airbnb – the leading international peer-to-peer accommodation network – and proposes a conceptual model of elements contributing to Airbnb’s success.


Author(s):  
Homa Hajibaba ◽  
Sara Dolnicar

This chapter explores the potential of peer-to-peer accommodation networks to cater to a market segment with very specific requirements in terms of the size and setup of short-term tourism accommodation: multi-family travel. Hotels, motels, bed and breakfasts, and even resorts typically offer rooms of different sizes, but rarely spaces large enough to allow two or three families to spend their holidays together. Many listings on peer-to-peer accommodation networks have not been developed for tourists; they have been developed for families. As such, they are uniquely suited to cater to this market segment.


2017 ◽  
Vol 206 ◽  
pp. 1464-1483 ◽  
Author(s):  
Boudewijn Elsinga ◽  
Wilfried G.J.H.M. van Sark

2017 ◽  
Vol 29 (11) ◽  
pp. 2962-2976 ◽  
Author(s):  
Jiang Wu ◽  
Panhao Ma ◽  
Karen L. Xie

Purpose Trust has been widely recognized as the crucial factor of consumer purchase intention when shopping on peer-to-peer short-term rental platforms where hosts and renters are strangers. However, the specific attributes of hosts that help build trust with potential renters and drive their purchase of short-term rentals remain unknown. This study aims to explore the effects of host attributes on renter purchases made on Xiaozhu.com, one of the top short-term rental platforms in China, while controlling for short-term rental characteristics. Design/methodology/approach A crawler program was developed by Python to collect the host attributes and their short-term rental characteristics of 935 hosts in Beijing from November 18, 2015 to February 14, 2016. The authors use Poisson regression models to estimate the effects of host attributes on renter reservations. They also conduct a series of robustness checks for the estimated results. Findings The authors found that host attributes such as the time of reservation confirmation, the acceptance rate of renter reservations, the number of listings owned, whether a personal profile page is disclosed and gender of the host significantly affect renter reservations, whereas the response rate of the host does not influence renters when purchasing short-term rentals online. Originality/value This study identifies which host attributes are perceived as trustworthy and affect renters’ purchase decisions, a topic of both theoretical and practical importance but currently less researched. The findings add to emerging literature by providing insights on trust-building in the peer-to-peer economy. Useful suggestions are also provided on strengthening the trust mechanism on short-term rental platforms to facilitate peer-to-peer transactions. Notably, the study is the first attempt to examine the perception of Chinese users toward short-term rentals despite its global prevalence. The analytical insights revealed from large scale but granular online observations data of host attributes and actual renter reservations greatly supplement findings of extant literature using survey and experiment approaches.


2010 ◽  
Vol 1 (3) ◽  
pp. 32-47
Author(s):  
Alfonso Carlos Morales Gutierrez ◽  
J. Antonio Ariza Montes

In this paper the authors mainly aim at describing some organizational features of a particular kind of social enterprises that have emerged since the development of web 2.0: peer to peer charities and e-social banking. They will define first the traditional social enterprise and how this phenomenon has evolved in recent years. Then they will explain how the philosophy of Web 2.0 offers new opportunities for the development and growth of these social initiatives. Thirdly, they will detail their main features obtained from the study of twelve inititatives – the most relevant at present – which they have called 2.0 social enterprises (peer to peer charities and e-social banking). The authors will finally offer some reflection on main dilemmas and challenges that could be faced in a short term future.


2020 ◽  
Vol 2020 (3) ◽  
pp. 160-181
Author(s):  
Svetlana Orekhova ◽  
Andrey Misyura ◽  
Yulia Bausova

The paper offers an overview of the trends and patterns behind researchers’ focus shifting from strategies to business models in the sphere of management. Methodologically, the study rests on the set of traditional theories included in the strategic management paradigm, as well as the concepts of business models and platform economy. The authors examine various standpoints on the correlation between the terms “strategy” and “business model” in management and trace the genesis and prerequisites for the emergence of theoretical foundations that underlied business management in the 20th-21st centuries. We identify a number of factors behind the transition to a short-term model of company management. The paper demonstrates that a shift in the basic analytical management construct is due to heterogeneous elements of organization management, transformation of management logic “from the present to the future”, the inclusion of microenvironment in the business ecosystem, etc. The research results can be of use in further empirical studies and in devising the methodological approaches to the development of relevant management tools based on the concept of business models.


Author(s):  
Morales Gutierrez ◽  
Ariza Montes

In this paper the authors mainly aim at describing some organizational features of a particular kind of social enterprises that have emerged since the development of web 2.0: peer to peer charities and e-social banking. They will define first the traditional social enterprise and how this phenomenon has evolved in recent years. Then they will explain how the philosophy of Web 2.0 offers new opportunities for the development and growth of these social initiatives. Thirdly, they will detail their main features obtained from the study of twelve inititatives – the most relevant at present – which they have called 2.0 social enterprises (peer to peer charities and e-social banking). The authors will finally offer some reflection on main dilemmas and challenges that could be faced in a short term future.


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