Sharing Economy-Cooperative Mobility and Inequalities. The role of the Legislator - PART. 2
The emergence of enhanced digital brokerage, due to increased computational power and the development of digital platforms aimed to offer new services not only to costumers, but also to service and product providers, has led to the apparition of new market niches and a whole new economy: the so-called sharing economy.
After at least ten years of continuous development and a lot of academic studies on the economic basis of the phenomenon, mostly developed in the United States and by scholars who work there, we can consider that we have a complete and deep understanding of the fundamental dynamics of the sharing economy (also known as collaborative economy or digital platform economy). However, the regulatory challenges which result from these changes are yet to be successfully solved at least, in three essential aspects (which are the SHINE Network main issues):
- Neither the EU nor its Member States have managed, for the time being, to draw up a regulatory framework which is able to reconcile the efficiency gains brought by these new business models with the protection of European social values. In order to come up with an appropriate normative response it is vital to carry out exhaustive research on the different regulatory approaches that have already been implemented, evaluating both their social and economic impact. Doing so from a European perspective is essential seeing as, unlike American societies, where most of the research on this issue has been developed, European societies assign priority to social equality over economic efficiency.
- Given the impact big data, automated decision-making and computational power have on digital platform brokerage, these technologies must be closely examined from an interdisciplinary perspective which assesses their role in enhancing digital processes as well as in generating possible situations of social inequality, addressing the regulatory choices in which their efficiency and social effects may result.
- Finally, a rigorous and exhaustive evaluation of the impact on social fairness and inequalities of the regulatory policies applied to already consolidated sharing economy markets, such as transportation or accommodation, should be undertaken in order to produce evidence-based analysis on existing regulatory approaches that could be applied not only to the studied markets but also, to others that may have similar structures.
Coordinator: University of Valencia
Partners: University of Bologna; University of Palermo; University of Barcelona; University of Louvain
Jean Monnet Network 2019-2023 "Sharing economy and Inequalities across Europe (SHINE)"
Teaching/Training activity number 3