Tomorrow 3.0

Transaction Costs and the Sharing Economy

Michael C. Munger

Cambridge University Press
Publication date : 2018-03-22

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With the growing popularity of apps such as Uber and Airbnb, there has been a keen interest in the rise of the sharing economy. Michael C. Munger brings these new trends in the economy down to earth by focusing on their relation to the fundamental economic concept of transaction costs. In doing so Munger brings a fresh perspective on the 'sharing economy' in clear and engaging writing that is accessible to both general and specialist readers. He shows how, for the first time, entrepreneurs can sell reductions in transaction costs, rather than reductions in the costs of the products themselves. He predicts that smartphones will be used to commodify excess capacity, and reaches the controversial conclusion that a basic income will be required as a consequence of this new 'transaction costs revolution'.

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About the book

Author

Michael C. Munger

Imprint

Cambridge University Press

Collection

n.c

Publication date

2018-03-22

Pages

n.c

Print ISBN

9781108427081

Language

English

Ebook informations

EAN PDF

9781108678094

Price

£22.15

Copy count 0

Print count 0

File size 2847 Ko

Informations accessibility

EAN EPUB

9781108600279

Price

£22.15

Copy count 0

Print count 0

File size 2693 Ko

Informations accessibility

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About author(s)

Michael C. Munger

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