Exploring the effect of Airbnb hosts' attachment and psychological ownership in the sharing economy

Lee, Hanna; Yang, Sung-Byung; Koo, Chulmo

doi:10.1016/j.tourman.2018.08.017

Cited by 98 publications

(93 citation statements)

References 41 publications

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“…The second study corroborated these results with a different set of tweets collected independently. These findings clearly demonstrated the motivations and extent to which consumers are willing to take part in the sharing economy and relevant platforms, adopting a utility‐based nonownership model (Park & Armstrong, 2017), supporting the shift from ownership to access, which appears as a key function of the sharing economy (Acquier et al, 2017; Bardhi & Eckhardt, 2012; Belk, 2014; Hamari et al, 2016; H. Lee et al, 2019; Matzler et al, 2015; Milanova & Maas, 2017). These findings also confirm the higher value placed on experiences as opposed to traditional consumption (Nelson, 2013).…”

Section: Discussionmentioning

confidence: 66%

“…To date, sharing economy has rapidly grown as an economic, social, and technological phenomenon (Trenz, Frey, & Veit, 2018), which has dramatically changed the traditional concept of attachment and ownership that has been replaced by the idea of access, sharing, and collective usage (Bardhi & Eckhardt, 2012; Dellaert, 2019; H. Lee, Yang, & Koo, 2019; Milanova & Maas, 2017). In this context, consumers tend to distance themselves from ownership, as they may find functionality advantageous compared to the possession of goods and the exchange consumption experience more important to the permanent acquisition of tangible items (Chasin, von Hoffen, Cramer, & Matzner, 2018).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

“…Although past literature attempted to investigate how the emerging sharing platforms redefine the sense of possession in a wider collaborative consumption context (Bardhi & Eckhardt, 2012; Hellwig et al, 2015; H. Lee et al, 2019; Milanova & Maas, 2017; Moeller & Wittkowski, 2010), in the case of luxury and luxury fashion products, the research is still at an early stage. Since luxury products demonstrate a certain status and a distinct attachment and product importance (Y. Kim, 2018; Moeller & Wittkowski, 2010; Park & Armstrong, 2019), they require specific investigation.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

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The Cinderella moment: Exploring consumers' motivations to engage with renting as collaborative luxury consumption mode

Pantano

Stylos

2020

Psychology and Marketing

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Past literature argued that the purchase of luxury goods is driven by people's motivation to conform or fit into our economic and social system. In this study, the authors focus on a new aspect of consumption, that is, renting instead of purchasing luxury goods, backed by the emerging opportunities of sharing economy platforms. Drawing upon the analysis of spontaneous consumers' online communications(in the form of tweets), this study aims to investigate the motivations to engage with luxury garment renting within a collaborative consumption context. To this end, a series of automatic content analyses, via two studies, were conducted using the tweets posted with respect to the Run the Runway collaborative consumption platform. Results demonstrate consumers' increased willingness to show their social status through renting rather than owning luxurious apparel based on five main motivators (need to wear new clothes for a special event, inspirations created by the products/brands, possibility to explore a new way of consuming luxury goods, need to make more sustainable choices, and to increase the life cycle of each luxury product). The implications of these findings are discussed, while they pave the way for future research in collaborative consumption of luxury retailing.

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Section: Discussionmentioning

confidence: 66%

Section: Theoretical Backgroundmentioning

confidence: 99%

Section: Theoretical Backgroundmentioning

confidence: 99%

See 1 more Smart Citation

The Cinderella moment: Exploring consumers' motivations to engage with renting as collaborative luxury consumption mode

Pantano

Stylos

2020

Psychology and Marketing

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“…According to Stofberg and Bridoux (2019), sharing through a peer‐to‐peer sharing platform can provide at least two forms of social benefits: benefits that come from belonging to a community where altruism guides transactions (i.e., communal sharing) and benefits that come from transacting with partners who are seen as equal on the basis of balanced reciprocity. Lee et al (2019) further establish that providers' relationship with the sharing platform influences psychological ownership and organizational citizenship, here, the kinds of participation and responsibility individuals develop. Yet, how do stakeholders perceive their own and the providers' impact on the wider community and its institutions?…”

Section: Literature Review: Underpinning Constructsmentioning

confidence: 97%

“…Yet these new forms of value co‐creation also reveal dark sides we need to deal with realistically (Malhotra & Van Alstyne, 2014), as these platforms have the power to affect the well‐being of individuals and entire communities (Anderson et al, 2013; Breidbach & Brodie, 2017). In the context of the sharing economy challenging existing market structures to provide new wealth, they have also begun to disrupt the roles and boundaries of community actors, affecting their citizenship and psychological ownership (Lee, Yang, & Koo, 2019). To address the dark sides of the accommodation sharing economy (Baumber, Scerri, & Schweinsberg, 2019; Hwang, 2019; Richards, Brown, & Dilettuso, 2019; Stanford, 2017; Suess, Woosnam, & Erul, 2020), we need to build knowledge, identify critical factors, and seek to understand what comprises the “dark side” of the sharing economy.…”

Section: Introductionmentioning

confidence: 99%

The dark side of the sharing economy: Balancing value co‐creation and value co‐destruction

Buhalis

Andreu

Gnoth

2020

Psychology and Marketing

125

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The sharing economy disrupts the marketplace and brings both benefits and disadvantages into service ecosystems. We discuss principles of the S-D logic and transformative service research and explore the processes of value co-creation and co-destruction of well-being within the ecosystem of the accommodation sharing economy. Following a brief period of euphoria, the dark side of the sharing economy emerges, defined as the socially, environmentally, or economically undesirable effects introduced by the sharing economy. Airbnb introduced new realities for visitors, neighborhoods, the accommodation industry, and city councils, whereby some stakeholders are frequently found to maximize their own value at the expense of others. Value co-destruction prevails often due to uncontrolled and rapid expansion. We seek to promote a more balanced process, and the optimization of value co-creation, while seeking to prevent value co-destruction. Using a literature review, netnography, and a case study, we investigate co-creation and co-destruction, as expressed by different stakeholders, and focus on the socio-psychological implications in the use of sharing platforms that affect the well-being of individuals and community. A conceptual framework is proposed to manage future research addressing well-being, value co-creation and co-destruction in complex ecosystem service networks.

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Psychological ownership rather than material consumption: Can fashion firms' new subscription services become an environmentally sustainable business strategy?

Kang,

Bissenbina,

Faria

et al. 2023

Bus Strat Env

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Fashion, acknowledged as among the most polluting industries, is responsible for excessive production and consumption, necessitating a reevaluation and transformation of current strategies by adopting more sustainable ones. The emergence of fashion subscription services (FSSs) has the potential to mitigate the industry's unsustainability. However, it is empirically unknown whether FSSs contribute to sustainable consumption and, if so, how their slow adoption can be addressed. This research: (a) examined whether consumers who already use FSSs are more engaged in pro‐environmental behaviors (Study 1), and (b) developed and tested an adoption model with a strong underscore on the mediating role of psychological ownership (Study 2). The results revealed that those who subscribe to such services display sustainable consumption behaviors, and psychological ownership acted as a critical mediator facilitating service adoption intentions. This research offers empirical evidence to support the theoretical premise of the service's positive impact on environmental sustainability and a strategic direction to accelerate its market penetration.

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Exploring the effect of Airbnb hosts' attachment and psychological ownership in the sharing economy

Cited by 98 publications

References 41 publications

The Cinderella moment: Exploring consumers' motivations to engage with renting as collaborative luxury consumption mode

The Cinderella moment: Exploring consumers' motivations to engage with renting as collaborative luxury consumption mode

The dark side of the sharing economy: Balancing value co‐creation and value co‐destruction

Psychological ownership rather than material consumption: Can fashion firms' new subscription services become an environmentally sustainable business strategy?

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