E-Health Two-Sided Markets Implementation and Business Models 1St Edition Download Free

Total Page:16

File Type:pdf, Size:1020Kb

E-Health Two-Sided Markets Implementation and Business Models 1St Edition Download Free E-HEALTH TWO-SIDED MARKETS IMPLEMENTATION AND BUSINESS MODELS 1ST EDITION DOWNLOAD FREE Vivian Marlund | 9780128052501 | | | | | Two-sided market Chapter 8. Buy ePub. There are both same-side and cross-side network effects. Evaluation of Institutional Grants. If you decide to participate, a new browser tab will open so you can complete the survey after you have completed your visit to this website. Namespaces Article Talk. Please wait Two-sided markets represent a refinement of the concept of network effects. Laddas ned direkt. Two-sided platforms, by playing an intermediary role, produce certain value for both users parties that are interconnected through it, and therefore those sides parties may both be evaluated as customers unlike in the traditional seller-buyer dichotomy. Ladda ned. Vimarlund has since conducted research within the area of Informatics with special focus on issues such as: a Methods and models to evaluate the socio-economic impact of the implementation and use of IT-based innovations in healthcare; b business models for Public Information Systems and Electronic Markets; and c eHealth services implementation and two-side markets. Chapter 9. Likewise, broadcasters had little reason to develop color programming when households lacked color TVs. A number of countries have announced major national projects to put this type of information system in place. Thank you for posting a review! Not all two-sided markets with strong positive network effects are optimally supplied by a single platform. Presents guidelines that can be used as examples of pros and cons in two-side markets Provides knowledge that enables readers to identify the changes that need to be considered in E-Health Two-Sided Markets Implementation and Business Models 1st edition proposals for eHealth implementation Includes E- Health Two-Sided Markets Implementation and Business Models 1st edition of business models applied in two-side markets, diminishing external effects and failures. Easily read eBooks on smart phones, computers, or any eBook readers, including Kindle. Cross-side network effects are usually positive, but can be negative as with consumer reactions to advertising. Presents guidelines that can be used as examples of pros and cons in two-side markets Provides knowledge that enables readers to identify the changes that need to be considered in budget proposals for eHealth implementation Includes examples of business models applied in two-side markets, diminishing external effects E-Health Two-Sided Markets Implementation and Business Models 1st edition failures. Academic Press, December Paperback ISBN: MIS Quarterly : forthcoming. Sofar Sounds Tudou. They are also useful in explaining many free pricing or "freemium" strategies where one user group gets free use of the platform in order to attract the other user group. Inclusive Design in Ecosystems. Ladda ned. This book is a valuable source for researchers in medical informatics, and is also ideal for stakeholders, consultants, advisors, and product designers involved in eHealth services. VHSMac vs. On the other hand, a large number of sellers mean severe competition among sellers. This intermediary will make possible exchanges that would not occur without them and create value for both sides. Citation style. For example, in marketplaces such as eBay or Taobao[8] buyers and sellers are the two groups. Sorry, this product is currently out of stock. RCA won the battle in two ways. Evaluation of Institutional Grants. Researchers in medical informatics; stakeholders, consultants, advisors and product designers involved in eHealth services. Cite Export. Social peer-to-peer processes Peer-to-peer banking Peer-to-peer carsharing Peer-to-peer lending Ridesharing company. Vivian Marlund. Be the first to write a review. Cite Export. As telemedicine becomes more popular, the tensions in regards to financing and regulation are already in evidence and look set to rise further. Consumers affiliate with the on-line ticket provider only when they go to the website to buy the ticket. Members of at least one group exhibit a preference regarding the number of users in the other group; these are called cross-side network effects. Two sided marketplace can also be built using Marketplace Softwares such as E-Health Two-Sided Markets Implementation and Business Models 1st edition. E-Health Two-Sided Markets Alton Meister. Flexible - Read on multiple operating systems and devices. These ongoing costs of platform affiliation should be distinguished from E-Health Two-Sided Markets Implementation and Business Models 1st edition costswhich refer to the one time costs of terminating one network and adopting another. RCA won the battle in two ways. Buyers prefer a large number of sellers, E-Health Two-Sided Markets Implementation and Business Models 1st edition, meanwhile, sellers prefer a large number of buyers, such that the members in one group can easily find their trading partners from the other group. Example markets include credit cards composed of cardholders and merchants ; health maintenance organizations patients and doctors ; operating systems end-users and developers ; yellow pages advertisers and consumers ; video-game consoles gamers and game developers ; recruitment sites job seekers and recruiters ; search engines advertisers and users ; and communication networks, such as the Internet. This book is a valuable source for researchers in medical informatics, and is also ideal for stakeholders, consultants, advisors, and product designers involved in eHealth services. If the money-side perceives that such multiplatform bundles delivers more value at a lower price, a stand-alone platform is in danger. As illustrated in figure 3giving consumers a free reader created demand for the document writer, the network's "money side". Similarly, gaming manufacturers very often subsidize the gamers and sell their consoles at substantial losses e. Examining traditional supermarkets, it is clear that shoppers prefer higher number of suppliers and bigger variety of goods, while suppliers value higher number of buyers. Vivian Vimarlund has a wide experience on management and leadership. Division of Science Norges forskningsrd, ,Airbnb CouchSurfing. Presents guidelines that can be used as examples of pros and cons in two-side markets Provides knowledge that enables readers to identify the changes that need to be considered in budget proposals for eHealth implementation Includes E-Health Two-Sided Markets Implementation and Business Models 1st edition of business models applied in two-side markets, diminishing external effects and failures. However, there is a need to better understand the business model for multi-sided markets as a first step to using them in healthcare. Therefore, the cross-side network effect is positive. Published Date: 15th December This concept of two-sided markets has been mainly theorised by the French economists Jean Tirole and Jean-Charles Rochet. Chapter 8. More languages. Which market represents the money side and which market represents the subsidy side depends on this critical tradeoff: increasing network size versus growing network value. Worldwide many different steps have been taken to increase the engagement of consumers with e-health, mainly focusing in the development of novel digital services that increase well-being or tackle some social challenges, such as the lack of qualified personnel, or dwindling resources. Evaluation of Institutional Grants. A two-sided network typically has two distinct user groups. English Svenska Norsk. In credit card networks, for example, consumers require a unique account, a plastic card, access to phone-based customer service, a monthly bill, etc. They are also useful E-Health Two-Sided Markets Implementation and Business Models 1st edition explaining many free pricing or "freemium" strategies where one user group gets free use of the platform in order to attract the other user group. Technological innovation and business developments in online trade result in fast-evolving markets with the continuous emergence of new products and services, thus requiring a specific approach. E-health two-side Markets: Implementation and Business Models presents empirical models and suggestions that focus on how to remove barriers to deliver online services across borders and how actual barriers affect business models in a two-sided market with regard to eHealth. Output format. On the other hand, such network effects are not required for a firm to be seen as a multi-sided platform. Laddas ned direkt. Passar bra ihop. At the same time, some effort is also spent on establishing a market in which both sides-e-health consumers and providers-can interact and benefit from with each other Connell and Young, E-Health Two-Sided Markets Visa, and more recently Blu-ray vs. Provides knowledge that enables readers to identify the changes that need to be considered in budget proposals for eHealth implementation. Chapter 9. Thank you for posting a review! Inclusive Design in Ecosystems. Given these different requirements, platform providers may specialize in serving users on just one side of a two-sided network. About DiVA Portal. An example of a positive same-side network effect is end-user PDF sharing or player-to-player contact in PlayStation 3; a negative same-side network effect appears when there is competition between suppliers in an online auction market or competition for dates on Match. Management Science. About DiVA Portal. More languages. E-health two-side Markets:
Recommended publications
  • Read the SPUR 2012-2013 Annual Report
    2012–2013 Ideas and action Annual Report for a better city For the first time in history, the majority of the world’s population resides in cities. And by 2050, more than 75 percent of us will call cities home. SPUR works to make the major cities of the Bay Area as livable and sustainable as possible. Great urban places, like San Francisco’s Dolores Park playground, bring people together from all walks of life. 2 SPUR Annual Report 2012–13 SPUR Annual Report 2012–13 3 It will determine our access to economic opportunity, our impact on the planetary climate — and the climate’s impact on us. If we organize them the right way, cities can become the solution to the problems of our time. We are hard at work retrofitting our transportation infrastructure to support the needs of tomorrow. Shown here: the new Transbay Transit Center, now under construction. 4 SPUR Annual Report 2012–13 SPUR Annual Report 2012–13 5 Cities are places of collective action. They are where we invent new business ideas, new art forms and new movements for social change. Cities foster innovation of all kinds. Pictured here: SPUR and local partner groups conduct a day- long experiment to activate a key intersection in San Francisco’s Mid-Market neighborhood. 6 SPUR Annual Report 2012–13 SPUR Annual Report 2012–13 7 We have the resources, the diversity of perspectives and the civic values to pioneer a new model for the American city — one that moves toward carbon neutrality while embracing a shared prosperity.
    [Show full text]
  • FLEXIBLE BENEFITS for the GIG ECONOMY Seth C. Oranburg* Federal Labor Law Requires Employers to Give
    UNBUNDLING EMPLOYMENT: FLEXIBLE BENEFITS FOR THE GIG ECONOMY Seth C. Oranburg∗ ABSTRACT Federal labor law requires employers to give employees a rigid bundle of benefits, including the right to unionize, unemployment insurance, worker’s compensation insurance, health insurance, family medical leave, and more. These benefits are not free—benefits cost about one-third of wages—and someone must pay for them. Which of these benefits are worth their cost? This Article takes a theoretical approach to that problem and proposes a flexible benefits solution. Labor law developed under a traditional model of work: long-term employees depended on a single employer to engage in goods- producing work. Few people work that way today. Instead, modern workers are increasingly using multiple technology platforms (such as Uber, Lyft, TaskRabbit, Amazon Flex, DoorDash, Handy, Moonlighting, FLEXABLE, PeoplePerHour, Rover, Snagajob, TaskEasy, Upwork, and many more) to provide short-term service- producing work. Labor laws are a bad fit for this “gig economy.” New legal paradigms are needed. The rigid labor law classification of all workers as either “employees” (who get the entire bundle of benefits) or “independent contractors” (who get none) has led to many lawsuits attempting to redefine who is an “employee” in the gig economy. This issue grows larger as more than one-fifth of the workforce is now categorized as an independent contractor. Ironically, the requirement to provide a rigid bundle of benefits to employees has resulted in fewer workers receiving any benefits at all. ∗ Associate Professor, Duquesne University School of Law; Research Fellow and Program Affiliate Scholar, New York University School of Law; J.D., University of Chicago Law School; B.A., University of Florida.
    [Show full text]
  • Uber Can Take You (Away from Public Transportation)
    NEED A RIDE? UBER CAN TAKE YOU (AWAY FROM PUBLIC TRANSPORTATION) A Thesis submitted to the Faculty of the Graduate School of Arts and Sciences of Georgetown University in partial fulfillment of the requirements for the degree of Master of Public Policy By Lawrence Doppelt, B.S. Washington, DC April 12, 2018 Copyright 2018 by Lawrence Doppelt All Rights Reserved ii NEED A RIDE? UBER CAN TAKE YOU (AWAY FROM PUBLIC TRANSPORTATION) Lawrence Doppelt, B.S. Thesis Advisor: Andreas T. Kern, Ph.D. Abstract The sharing economy is changing how people work, move, and interact. At the forefront of an evolving transportation market is Uber, a Transportation Network Company that has successfully integrated technology into mobility. By providing a cheap and convenient service, it has disrupted traditional forms of travel and commuting in private automobiles and public transportation. This paper uses a difference-in-differences approach to analyze Uber’s effect on the consumption of public transit in urban cities across the United States. The results from this study find that Uber is a substitute to public transportation in aggregate, but the effect varies considerably across cities and modes. In particular, Uber replaces bus travel but complements rail such as metros and subways, potentially as a result of each mode’s service area network, passenger demographic, and primary reason of use. Perhaps most importantly, this study asserts that a single approach to regulating TNCs is insufficient, as Uber’s effect is not uniform across the country. Therefore, it is up to municipal governments and policymakers to understand their specific local dynamics to pinpoint how Uber is affecting their public transit systems.
    [Show full text]
  • Beyond the Gig Economy How New Technologies Are Reshaping the Future of Work | 2016
    Beyond the Gig Economy How New Technologies Are Reshaping the Future of Work | 2016 By Jon Lieber, Chief Economist, Thumbtack and Lucas Puente, Economic Analyst, Thumbtack Executive Summary Long-run economic trends and new technologies are pushing workers away from traditional employee-employer relationships and into self- employment. Thanks in part to advances in technology that have put smartphones in the pockets of millions of Americans, it has never been easier for an individual to go online and start earning income quickly and flexibly. But this new “gig economy” is not monolithic or static. It has different sectors, and the gig economy of on-demand, low-skilled, easily automated logistics or delivery services will not be around in 20 years. What will remain are skilled professionals. This report, Beyond the Gig Economy, draws from publicly available data as well as Thumbtack’s proprietary marketplace and survey data of tens of thousands of small businesses to show the variety of ways in which technology is enabling middle-class Americans to find economic opportunity with tools that have never previously been available to them. “There’s never been a better time to be a worker with special skills or the right education, because these people can use technology to create and capture value.” —Erik Brynjolfsson and Andrew McAfee "The Second Machine Age" (2014) Beyond the Gig Economy | 2016 2 Key Findings • The gig economy as we know it will not last. • To date, skills marketplaces have broader In the past few years, analysts and reporters adoption than commodified platforms. have obsessively focused on transportation Because they are leveraging the skills of an technology platforms such as Uber and Lyft existing group of qualified professionals, and delivery technology platforms such as these marketplaces have an automatic reach Instacart and the workers needed for these across the country.
    [Show full text]
  • Who Has Your Back? 2016
    THE ELECTRONIC FRONTIER FOUNDATION’S SIXTH ANNUAL REPORT ON Online Service Providers’ Privacy and Transparency Practices Regarding Government Access to User Data Nate Cardozo, Kurt Opsahl, Rainey Reitman May 5, 2016 Table of Contents Executive Summary........................................................................................................................... 4 How Well Does the Gig Economy Protect the Privacy of Users?.........................4 Findings: Sharing Economy Companies Lag in Adopting Best Practices for Safeguarding User Privacy....................................................................................5 Initial Trends Across Sharing Economy Policies...................................................6 Chart of Results.................................................................................................................................... 8 Our Criteria........................................................................................................................................... 9 1. Require a warrant for content of communications............................................9 2. Require a warrant for prospective location data................................................9 3. Publish transparency reports............................................................................10 4. Publish law enforcement guidelines................................................................10 5. Notify users about government data requests..................................................10 6.
    [Show full text]
  • Senior Transportation Resource & Information Guide
    4th Edition, September 2018 Senior Transportation Resource & Information Guide Transportation Resources, Information, Planning & Partnership for Seniors (617) 730-2644 [email protected] www.trippsmass.org Senior Transportation Resource & Information Guide TableThis guide of Contents is published by TRIPPS: Transportation Resources, TypeInformation, chapter Planning title (level & Partnership 1) ................................ for Seniors. This................................ program is funded 1 in part by a Section 5310 grant from MassDOT. TRIPPS is a joint venture of theType Newton chapter & Brookline title (level Councils 2) ................................ on Aging and BrooklineCAN,................................ in 2 conjunction with the Brookline Age-Friendly Community Initiative. Type chapter title (level 3) .............................................................. 3 Type chapter title (level 1) ................................................................ 4 Type chapter title (level 2) ................................ ................................ 5 TheType information chapter in title this (levelguide has3) ................................ been thoroughly researched............................... compiled, 6 publicized, and “road tested” by our brilliant volunteers, including Marilyn MacNab, Lucia Oliveira, Ann Latson, Barbara Kean, Ellen Dilibero, Jane Gould, Jasper Weinberg, John Morrison, Kartik Jayachondran, Mary McShane, Monique Richardson, Nancy White, Phyllis Bram, Ruth Brenner, Ruth Geller, Shirley Selhub,
    [Show full text]
  • The Sharing Economy: Disrupting the Business and Legal Landscape
    THE SHARING ECONOMY: DISRUPTING THE BUSINESS AND LEGAL LANDSCAPE Panel 402 NAPABA Annual Conference Saturday, November 5, 2016 9:15 a.m. 1. Program Description Tech companies are revolutionizing the economy by creating marketplaces that connect individuals who “share” their services with consumers who want those services. This “sharing economy” is changing the way Americans rent housing (Airbnb), commute (Lyft, Uber), and contract for personal services (Thumbtack, Taskrabbit). For every billion-dollar unicorn, there are hundreds more startups hoping to become the “next big thing,” and APAs play a prominent role in this tech boom. As sharing economy companies disrupt traditional businesses, however, they face increasing regulatory and litigation challenges. Should on-demand workers be classified as independent contractors or employees? Should older regulations (e.g., rental laws, taxi ordinances) be applied to new technologies? What consumer and privacy protections can users expect with individuals offering their own services? Join us for a lively panel discussion with in-house counsel and law firm attorneys from the tech sector. 2. Panelists Albert Giang Shareholder, Caldwell Leslie & Proctor, PC Albert Giang is a Shareholder at the litigation boutique Caldwell Leslie & Proctor. His practice focuses on technology companies and startups, from advising clients on cutting-edge regulatory issues to defending them in class actions and complex commercial disputes. He is the rare litigator with in-house counsel experience: he has served two secondments with the in-house legal department at Lyft, the groundbreaking peer-to-peer ridesharing company, where he advised on a broad range of regulatory, compliance, and litigation issues. Albert also specializes in appellate litigation, having represented clients in numerous cases in the United States Supreme Court, the United States Court of Appeals for the Ninth Circuit, and California appellate courts.
    [Show full text]
  • Microentrepreneur Or Precariat? Exploring the Sharing Economy Through the Experiences of Workers for Airbnb, Taskrabbit, Uber A
    Microentrepreneur or Precariat? Exploring the Sharing Economy through the Experiences of Workers for Airbnb, Taskrabbit, Uber and Kitchensurfing Alexandrea Ravenelle The Graduate Center, CUNY & Excelsior College It's nearly impossible to read The New York Times or The Wall Street Journal without coming across a mention of the sharing economy or a discussion of how Uber/Taskrabbit/ Airbnb/Rover, etc., are disrupting life as we know it. Suddenly an app and a smartphone is all you need to hail a cab, hire a handyman, find a hotel room and book a pet sitter; and in each case, you're working with individuals as opposed to a corporation. The breathless consensus is that the sharing economy is bringing people together, allowing for a more efficient and environmentally friendly use of resources and even making it possible for us to trust each other (Tanz, 2014). But rather than lead to wholesale bartering, the so-called sharing economy commodifies services previously done for free, making "inroads into our very understanding of the self" (Hochschild, 2012, p. 11). Although the concept of outsourcing or purchasing the intimate is most commonly associated with Hochschild (2012, 1983) and Zelizer (2007), in a sense, this is simply capitalism taken to its logical conclusion. In the "Economic and Philosophic Manuscripts of 1844," Marx decried how workers were alienated from the product of their labor, the act of producing, from the self and even from other workers. Marx argued that workers experienced false consciousness due to an inaccurate sense of themselves, relationships with each other, and a lack of understanding of how capitalism operates.
    [Show full text]
  • Sharing Economy
    The Future of Work in the Sharing Economy What is the “sharing economy?” No official definition Generally organized around a technology platform that facilitates the exchange of goods, assets, and services between individuals across a varied and dynamic collection of sectors. Related terms include “collaborative economy,” “gig economy,” “on-demand economy,” “collaborative consumption,” or “peer-to-peer economy.” There are differences among these ideas, but substantial overlap in concept. Examples of companies that facilitate exchange of property or space: Airbnb (rent out a room or a house) RelayRides and Getaround (rent out a car) Liquid (rent a bike) Examples of companies that facilitate exchanges of labor: Uber and Lyft (get a ride or share a ride) Taskrabbit (on-demand labor for a wide variety of tasks) Handy (house cleaning and home repair) Instacart (on-demand grocery-shopping services) In 2013, the highest generating sectors within the sharing economy were peer-to-peer finance (money lending and crowd funding), exchange of space, transportation, services, and goods.1 Common Characteristics of Platforms Technology: The owner of the item or the laborer typically is connected directly to the consumer, either through the Internet or commonly through smartphone applications. Companies conceptualized as intermediaries: Companies and platforms in the sharing economy are conceptualized as peer-to-peer marketplaces, with the sharing company serving as an intermediary between the seller and the consumer. 1 Vision Critical and Crowd Companies, “Sharing is the New Buying,” March 2014, http://www.slideshare.net/jeremiah_owyang/sharingnewbuying?redirected_from=save_on_embed (accessed November 20, 2014). December 2, 2014 Price setting: Many companies do not dictate the price of the property or services that are being exchanged; workers/owners are able to set their own rates when using platforms such as TaskRabbit, Airbnb, Craigslist and Ebay.
    [Show full text]
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM C/A UNDER THE SECURITIES ACT OF 1933 (Mark one.) ☐ Form C: Offering Statement ☐ From C-U: Progress Update ☑ Form C/A: Amendment to Offering Statement ☐ Check box if Amendment is material and investors must reconfirm within five business days. ☐ Form C-AR: Annual Report ☐ Form C-AR/A: Amendment to Annual Report ☐ Form C-TR: Termination of Reporting Name of issuer Hidrent Inc. Legal status of issuer Form Corporation Jurisdiction of Incorporation/Organization Delaware Date of organization May 8, 2019 Physical address of issuer 3908 Estelleine Drive, Celina, TX 75009 Website of issuer www.hidrent.com Name of intermediary through which the Offering will be conducted MicroVenture Marketplace Inc. CIK number of intermediary 0001478147 SEC file number of intermediary 008-68458 CRD number, if applicable, of intermediary 152513 Amount of compensation to be paid to the intermediary, whether as a dollar amount or a percentage of the Offering amount, or a good faith estimate if the exact amount is not available at the time of the filing, for conducting the Offering, including the amount of referral and any other fees associated with the Offering The issuer will not owe a cash commission, or any other direct or indirect interest in the issuer, to the intermediary at the conclusion of the Offering. Any other direct or indirect interest in the issuer held by the intermediary, or any arrangement for the intermediary to acquire such an interest The issuer will not owe a cash commission, or any other direct or indirect interest in the issuer, to the intermediary at the conclusion of the Offering.
    [Show full text]
  • Digiworld 2015
    DigiWorld media Yearbook 2015 An The challenges of the digital world internet 2015 n DigiWorld telecom Smart thinking the DigiWorld Over the past 15 years, the DigiWorld Yearbook has become IDATE’s flagship re- Yearbook port, with an annual analysis of the recent developments shaping the telecoms, DigiWorld Internet and media markets, identifying major global trends and outlining scenarios of what lies ahead. 2015 The mission of the Yearbook has expanded as digital technologies take on their central role in transforming various sectors including connected cars, financial and insurance services, healthcare, retail trade and the collaborative economy. Yearbook ◆ The challenges of the digital world 100 € prix TTC France ISBN : 978-2-84822-402-2 www.idate.org DigiWorld media Yearbook 2015 An The challenges of the digital world internet 2015 n DigiWorld telecom Smart thinking the DigiWorld Over the past 15 years, the DigiWorld Yearbook has become IDATE’s flagship re- Yearbook port, with an annual analysis of the recent developments shaping the telecoms, DigiWorld Internet and media markets, identifying major global trends and outlining scenarios of what lies ahead. 2015 The mission of the Yearbook has expanded as digital technologies take on their central role in transforming various sectors including connected cars, financial and insurance services, healthcare, retail trade and the collaborative economy. Yearbook ◆ The challenges of the digital world 100 € prix TTC France ISBN : 978-2-84822-402-2 www.idate.org View the work in 3D augmented reality on your smartphone or tablet: download the free “DigiWorld 2.0” app from the App Store or Google Play, or scan the QR code on the right.
    [Show full text]
  • The Welfare Effects of Peer Entry in the Accommodation Market
    The Welfare Effects of Peer Entry in the Accommodation Market: The Case of Airbnb1 Chiara Farronato2 and Andrey Fradkin 3 October 18, 2017 PRELIMINARY AND INCOMPLETE PLEASE DO NOT DISTRIBUTE OR CITE WITHOUT PERMISSION Abstract We study the entry of Airbnb into the accommodation industry and its effects on travelers, hosts, and hotels. We first document heterogeneity in Airbnb's penetration across 50 major US cities and demonstrate that much of this het- erogeneity can be explained by proxies for hotel costs, the costs of peer hosts, and demand fluctuations. Next, we document that Airbnb has an effect on hotel revenues. This effect is mostly due to a reduction in hotel prices rather than occupancy and is greatest in cities with low hotel capacity relative to the size of demand. Finally, we estimate a structural model of competition between peer hosts and hotels and use it to study the effects of Airbnb on the distribution of surplus across consumers, peer hosts, and incumbent hotels. We find an average consumer surplus of $70 per night from Airbnb. This surplus is disproportion- ately concentrated in locations (New York) and times (New Year's Eve) when hotels have high occupancy. Because Airbnb guests view Airbnb as a differenti- ated product and because Airbnb bookings occur disproportionately when hotels are near full capacity, most of these bookings would not have resulted in hotel bookings had Airbnb not been available. We also quantify the effects on hotels 1Katie Marlowe and Max Yixuan provided outstanding research assistance. We thank Nikhil Agarwal, Susan Athey, Matt Backus, Liran Einav, Christopher Knittel, Jonathan Levin, Greg Lewis, Chris Nosko, Debi Mohapatra, Ariel Pakes, Paulo Somaini, Sonny Tambe, Dan Waldinger, Ken Wilbur, Giorgos Zervas, and numerous seminar participants for feedback.
    [Show full text]