When we feel protected, safety regulations can encourage the risky behavior and unintended consequences that they are trying to prevent.
Dilemmas From the “Sharing Economy”
Today’s story is specifically about Airbnb. More generally though, it involves whether government or the market system should regulate the “sharing economy.” But first–Craigslist and the Sharing Economy from xkcd: An apartment owner in Astoria, Queens (a subway ride from…
