Trust and sharing platforms
https://doi.org/10.38050/01300105202044
Abstract
The digital economy and sharing platforms generate new types of mechanisms, ensuring credible commitments. Transparency and bilateral rating systems for both consumers and producers constrain opportunistic behavior, thus creating trust. The main hypothesis is that sharing companies and platforms act as a substitute for institutional trust. Countrylevel data analysis shows that there is a negative correlation between the sharing economy index and institutional trust and a positive correlation between the sharing economy index and institutional quality. The findings support the idea that as sharing companies can compensate for the lack of institutional trust and stimulate economic transactions, they are especially useful in the countries with a low level of trust.
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Review
For citations:
Nikishina E.N. Trust and sharing platforms. Moscow University Economics Bulletin. 2020;(4):71-83. (In Russ.) https://doi.org/10.38050/01300105202044
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