18 ms·
Yep rental economy. Internet lowering of transaction costs is enabling the unbundling of ownership rights to capital/durable goods. AirBnb, facilitating excha
by jrn 13y ago
Yep rental economy. Internet lowering of transaction costs is enabling the unbundling of ownership rights to capital/durable goods. AirBnb, facilitating exchange by providing 'trust', which is reducing the asymmetric information between the two negotiating parties.