Tomorrow 3.0 : transaction costs and the sharing economy
By: Munger, Michael C
.
Material type: 
BookSeries: Cambridge studies in economics, choice, and society.Publisher: Cambridge, UK : Cambridge University Press , 2018Description: 173 pages.ISBN: 9781108427081 (hardback); 9781108447348 (paperback).Subject(s): Transaction costs -- economics -- work -- division of labor | CooperationDDC classification: 338.51 Summary: "With the growing popularity of apps such as Uber and Airbnb, there has been a keen interest in the rise of the sharing economy. Michael C. Munger brings these new trends in the economy down to earth by focusing on their relation to the fundamental economic concept of transaction costs. In doing so Munger brings a fresh perspective on the 'sharing economy' in clear and engaging writing that is accessible to both general and specialist readers. He shows how, for the first time, entrepreneurs can sell reductions in transaction costs, rather than reductions in the costs of the products themselves. He predicts that smartphones will be used to commodify excess capacity, and reaches the controversial conclusion that a basic income will be required as a consequence of this new 'transaction costs revolution'"--Summary: "There is a lovely apocryphal story, generally told about Dwight D. Eisenhower during his time as president of Columbia University: The school was growing, necessitating an expansion of the campus, which produced a very hot dispute between two groups of planners and architects about where the sidewalks should go"--
| Item type | Current location | Call number | Status | Date due |
|---|---|---|---|---|
Non Fiction
|
BardBerlinLibrary 2nd floor | 338.51 MUN 2018 (Browse shelf) | Available |
Browsing BardBerlinLibrary Shelves , Shelving location: 2nd floor Close shelf browser
| 338.5 FRA 2016 Microeconomics and behaviour | 338.5 LIS 2018 The natural system of political economy | 338.5 Var 2014 Intermediate microeconomics : | 338.51 MUN 2018 Tomorrow 3.0 : | 338.521 MAZ 2018 The value of everything : | 338.762 FEL 1995 Siemens, 1918-1945 / | 338.762 ZUC 2014 The frackers : |
Includes bibliographical references (pages 154-168) and index.
"With the growing popularity of apps such as Uber and Airbnb, there has been a keen interest in the rise of the sharing economy. Michael C. Munger brings these new trends in the economy down to earth by focusing on their relation to the fundamental economic concept of transaction costs. In doing so Munger brings a fresh perspective on the 'sharing economy' in clear and engaging writing that is accessible to both general and specialist readers. He shows how, for the first time, entrepreneurs can sell reductions in transaction costs, rather than reductions in the costs of the products themselves. He predicts that smartphones will be used to commodify excess capacity, and reaches the controversial conclusion that a basic income will be required as a consequence of this new 'transaction costs revolution'"--
"There is a lovely apocryphal story, generally told about Dwight D. Eisenhower during his time as president of Columbia University: The school was growing, necessitating an expansion of the campus, which produced a very hot dispute between two groups of planners and architects about where the sidewalks should go"--
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