This paper investigates the impact of price transparency on equilibrium prices and fees by considering a policy change implemented by Airbnb that affected the transparency of cleaning fees for IP addresses from the European Union (EU). Using a difference-in-differences approach, we find a...

This paper investigates the impact of price transparency on equilibrium prices and fees by considering a policy change implemented by Airbnb that affected the transparency of cleaning fees for IP addresses from the European Union (EU). Using a difference-in-differences approach, we find a...

Lobbyists are nowadays increasingly involved in promoting businesses through societal investment, producing what has been paraphrased as "corporate beauty contests" due to the uncertain winning criteria. To understand what motivates firm participation in these contests and their effects on...