Digital technology is the representation of information in bits. This technology has reduced
the cost of storage, computation, and transmission of data. Research on digital economics …

The sharing economy, in which ordinary consumers also act as sellers, is attracting much
interest from scholars and practitioners. The rapid growth of this sector of the economy and …

We assess the impact of home-sharing on residential house prices and rents. Using a data
set of Airbnb listings from the entire United States and an instrumental variables estimation …

We study the effects of enabling peer supply through Airbnb in the accommodation industry.
We present a model of competition between flexible and dedicated sellers-peer hosts and …

We study the welfare effects of enabling peer supply through Airbnb in the accommodation
industry. We present a model of competition between flexible and dedicated sellers (peer …

Abstract Research Summary Cultural entrepreneurship theory suggests that entrepreneurial
narratives need to be optimally distinctive—neither portraying an offering as too similar to …

In the last decade, new technologies have led to a boom in real-time pricing. I study the most
salient example, surge pricing in ride hailing. Using data from Uber, I develop an empirical …

Network effects are often used to justify platform strategies such as acquisitions and
subsidies that aggregate users to a single dominant platform. However, when users have …

As technology platforms have created new markets and new ways of acquiring information,
economists have come to play an increasingly central role in tech companies—tackling …

This paper presents the results from a 2.3-million-person field experiment that varies
whether or not a job seeker sees the number of applicants for a job posting on a large job …