By Maia Hass As the world becomes more technologically advanced, the online peer-to-peer sharing economy grows with it. In the last decade, digital platforms such as Airbnb, VRBO, and HomeAway have introduced more personalized lodging options. However, the unique features associated with these platforms have raised concerns among consumers and legislators about the lack of … Continue reading How Technology is Enabling a Revolution in Effective, Efficient Self-Regulation
Regulators Adapt to the Sharing Economy
By Matt Kelly The so-called “sharing economy” has revolutionized the way people travel, lodge, eat, and work through companies such as Uber, Lyft, Airbnb, and OpenTable. Buyers and sellers are increasingly transacting on online platforms that use a mix of demand pricing, reputation mechanisms, and computer algorithms to match users. This innovation represents a dramatic challenge … Continue reading Regulators Adapt to the Sharing Economy
Florida’s Tourism Development Tax
By Erick Winterkamp Policymakers experience conflicting pressure concerning taxation. Corporations want taxation on competing products and industries, government officials often need more taxation to cover rising expenses, and the public would rather taxes be levied on anyone but themselves. Balancing these opposing factors, along with elected officials’ desire for reelection, results in a myriad … Continue reading Florida’s Tourism Development Tax