Recommendations for the Sharing Economy: (Re-)Balancing Power

Abstract

This report, ‘Recommendations for the Sharing Economy: (Re-)Balancing Power’, forms one element of a European Union Horizon 2020 Research Project on the sharing economy: Ps2Share ‘Participation, Privacy, and Power in the Sharing Economy’. It presents a set of 25 recommendations for five key stakeholders in the sharing economy: providers, consumers, platforms, educators, and policy makers. This report focuses on aspects of power in the sharing economy, addressing topics such as ratings and reviews, regulation, social responsibility, information asymmetries, transparency, algorithms, narratives, and communication. It aims at providing a roadmap for a more balanced and equitable sharing economy, particularly in Europe.

Keywords: Sharing Economy, Power, Gig Economy, Platform Labor, Ratings, Reviews, Algorithms, Narratives, Regulation, Recommendations, Europe