Power in the Sharing Economy
EU H2020 Research Project Ps2Share: Participation, Privacy, and Power in the Sharing Economy, 2017
47 Pages Posted: 2 May 2017
Date Written: April 30, 2017
This paper gives an in-depth overview of the topic of power in the sharing economy. It forms one part of a European Union Horizon 2020 Research Project on the sharing economy: "Ps2Share: Participation, Privacy, and Power in the Sharing Economy". We aim to foster better awareness of the consequences which the sharing economy has on the way people behave, think, interact, and socialize across Europe. Our overarching objective is to identify key challenges of the sharing economy and improve Europe's digital services through providing recommendations to Europe's institutions. The initial stage of this research project involves a set of three literature reviews of the state of research on three core topics in relation to the sharing economy: participation (1), privacy (2), and power (3). This piece is a literature review on the topic of power. It addresses three core topics related to power: voice and feedback mechanisms, algorithms, and regulation.
Keywords: Sharing Economy, Power, Regulation, Algorithms, Voice, Bargaining Power, Policy, Uber, Airbnb, Information Asymmetry, Peer-to-Peer
Suggested Citation: Suggested Citation