Publication Type

Journal Article

Version

publishedVersion

Publication Date

11-2023

Abstract

As the sharing economy has grown, externalities, i.e., “dark sides,” have also surfaced. The intricacies surrounding these externalities and their regulatory measures have garnered significant scholarly interest; however, there remains a lack of comprehensive guidance on the appropriate regulatory approaches. Based on a systematic literature review of 99 papers, we provide an overview of two regulatory approaches (government and self-regulation) to address the sharing economy's economic, social, and environmental externalities affecting multiple stakeholders. We show that government regulation entails mechanisms based on avoiding, limiting, and guiding, while self-regulation entails mechanisms related to market entry, operation, and monitoring. We develop an externalities-based regulatory framework to suggest how these two approaches and recommended regulatory mechanisms could address each externality. Furthermore, we use our regulatory framework as a base to suggest a future research agenda and to discuss managerial implications.

Keywords

Externalities, Government regulation, Self-regulation, Sharing economy, SLR, Stakeholders

Discipline

Marketing | Organizational Behavior and Theory

Research Areas

Marketing

Publication

Journal of Business Research

Volume

168

First Page

1

Last Page

16

ISSN

0148-2963

Identifier

10.1016/j.jbusres.2023.114186

Publisher

Elsevier

Copyright Owner and License

Authors

Creative Commons License

Creative Commons Attribution 3.0 License
This work is licensed under a Creative Commons Attribution 3.0 License.

External URL

https://www.youtube.com/watch?v=e6raQt9oepg

Additional URL

https://doi.org/10.1016/j.jbusres.2023.114186

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