Agent Behavior in the Sharing Economy : Evidence from Airbnb

  title={Agent Behavior in the Sharing Economy : Evidence from Airbnb},
  author={Jun Li and Dennis J. Zhang},
One of the major differences between markets that follow a " sharing economy " paradigm and traditional two-sided markets is that, in the sharing economy, the supply side includes individual nonprofessional decision makers, in contrast to firms and professional agents. Using a data set of prices and availability of listings on Airbnb, we find that there exist substantial differences in the operational and financial performances between professional and nonprofessional hosts. In particular… 

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