Essay

The Institutional Framework of Digital Marketplaces

Consider the emergence of large-scale online platforms where individuals can rent out their personal property (like a spare room or a car) to strangers. Analyze how the economic activities on these platforms and the institutional 'rules of the game' that govern them have mutually influenced each other's development. In your answer, identify specific examples of these 'rules' (both formal and informal) and explain their role in facilitating transactions.

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Updated 2025-08-21

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Introduction to Microeconomics Course

The Economy 2.0 Microeconomics @ CORE Econ