The social currency of sharing economy: How monetary and nonmonetary interactions impact social capital
The social currency of sharing economy: How monetary and nonmonetary interactions impact social capital
StatusVoR
Alternative title
Authors
Kuźmińska, Anna O.
Gąsiorowska, Agata
Kasałka, Ola
Narkun, Magdalena
Zaleśkiewicz, Tomasz
Monograph
Monograph (alternative title)
Date
2025-03-16
Publisher
Journal title
Journal of Cleaner Production
Issue
Volume
500
Pages
Pages
1-9
ISSN
0959-6526
ISSN of series
Access date
2025-03-16
Abstract PL
Abstract EN
In three experiments and one quasi-experimental study, we investigate how monetary transactions in peer-to-peer sharing economy interactions affect social capital. We find that monetary transactions reduce willingness to help a neighbor compared to nonmonetary interactions. This effect is mediated by a diminished sense of communality (Study 1 and S1) and lower perceived closeness to the interaction partner (Studies 2 and 3). Study 2 suggests that the social effects of monetary transactions mirror those of situations wherein no prior contact has occurred. This finding implies that market pricing rules may reinforce the perception of the other person as a stranger. Quasi-experimental Study 3, conducted with Couchsurfing and Airbnb users, replicates these findings and extends them to another outcome—willingness to maintain social ties with the host. However, Study 3 also indicates that the negative impact of monetary transactions on social capital creation can be partially mitigated by personal contact, which fosters a greater sense of communality and closeness. These findings underscore the role of nonmonetary sharing economy interactions in fostering social connections. For sharing economy platform creators, integrating market-based transactions into their business models may pose challenges to community-building efforts.
Abstract other
Keywords PL
Keywords EN
sharing economy
peer-to-peer
market pricing
communal sharing
relational modes
peer-to-peer
market pricing
communal sharing
relational modes