The Tragedy of Your Upstairs Neighbors: Is the Airbnb Negative Externality Internalized?

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Horton, John J.;
  • Subject: Quantitative Finance - General Finance

A commonly expressed concern about the rise of the peer-to-peer rental market Airbnb is that hosts---those renting out their properties---impose costs on their unwitting neighbors. I consider the question of whether apartment building owners will, in a competitive renta... View more
  • References (2)

    Malhotra, Arvind and Marshall Van Alstyne, “The Dark Side of the Sharing Economy . . . and How to Lighten It,” Commun. ACM, 2014, 57 (11), 24-27.

    Zervas, Georgios, Davide Proserpio, and John Byers, “The Rise of the Sharing Economy: Estimating the Impact of Airbnb on the Hotel Industry,” Boston U. School of Management Research Paper, 2014, (2013-16).

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