Cited by 399Sharing Economy and PlatformsDigital Platforms and EconomicsDigital Economy and Work Transformation

The DOI matches its Crossref record; 52 of the 52 references it cites were found in a registry or an index; 5 of the 28 sources its claims cite were checked for support.

Lateral Exchange Markets: How Social Platforms Operate in a Networked Economy

Open access
Perren, Rebeca, Kozinets, Robert V.·2018·Journal of Marketing

Abstract

Lateral exchange markets (LEMs) are sites of technologically intermediated exchange between actors occupying equivalent network positions. To develop an enriched understanding of these markets, the authors develop a more broad-based and differentiated understanding of peer-to-peer, sharing, and access-based markets. They focus on two key axes: the extent of (1) consociality and (2) platform intermediation. Drawing on these attributes, the authors theoretically deduce four ideal types—Forums, Enablers, Matchmakers, and Hubs. Each type provides value in a different way: Forums connect actors, Enablers equip actors, Matchmakers pair actors, and Hubs centralize exchange. Twenty organizational cases reveal insights into the failure, adaptation, and success of LEMs. Lateral exchange markets shift responsibility for personal and exchange security to relevant personal actors, to institutions, or to the governing algorithms of technology platforms. Extending the general proposition that sociality increasingly infuses market logics, the findings suggest a new frontier in which social resources and software platform algorithms interact as operand resources whose negative consequences (e.g., opportunism) require careful management through assurances and institutional arrangements matched to the type of LEM operation.

Overview

Integrity signals

Registry

Crossref · 10.1509/jm.14.0250

Cites

52 of 52 references verified0 citation errors · 0 not checkable

Statistics

Nothing to recompute.

Verification

Claims the paper makes

5 of 28 cited sources checked · 4 supported · 0 flagged · accuracy not yet measured

Show all 43 claims

  • It may state two separate claims as one. 50
  • Probably not a substantial claim. 48
  • The quote only partly states this claim. 1
81 of 81
  • The paper relies on this without support.

    LEM buyers and sellers usually have no prior experience with one another.

    “Lateral exchange market buyers and sellers usually have no prior experience with one another and occupy roughly equivalent positions in the network.”
  • The paper relies on this without support.

    Contemporary business is far more complex and dynamic than our models can accommodate.

    “Contemporary business is far more complex and dynamic than our models can accommodate.”
  • The paper relies on this without support.

    The eight selected LEM cases are sufficiently representative of the LEM population to support a general typology.

    “These eight empirical examples-Homejoy, Quirky, Skillshare, TaskRabbit, thredUP, Kickstarter, Zimride, and Craigslist-illustrate the diversity of LEMs.”
  • The paper relies on this without support.

    The success or failure of the case companies can be attributed to their LEM configuration and trust management rather than other unobserved factors.

    “They also demonstrate how the underlying dimensions of sociality and platform intermediation work in concert with institutional attempts to legitimate the company to provide either effective or ineffective solutions to governance and trust issues.”
  • The paper relies on this without support.

    Interview informants' and fieldnotes' accounts accurately represent user experiences.

    “In recounting their exchange experiences on Craigslist, our interview informants related numerous uncertainties about the norms governing the exchange”
  • The paper relies on this without support.

    The sharing economy has grown rapidly and been the beneficiary of significant public attention over the past few years.

    “Although the so-called sharing economy has grown rapidly and been the beneficiary of significant public attention over the past few years, its relative newness means that we know very little about how it actually operates.”
  • The paper relies on this without support.

    Actors, once connected through an LEM, will no longer need the platform.

    “In addition, these types each face particular transaction risks that will require managers to balance network actors' trust in the transaction with the risks that actors, once connected, will no longer need them.”
  • The paper relies on this without support.

    From a network actor's perspective in Hubs, all other network actors are interchangeable.

    “From a network actor's perspective, all other network actors are interchangeable, so it would therefore be sensible for Hub firms to invest in the cutting-edge abilities of the platform, its capacity to assess or mitigate risk, its ease of use and strong technical performance.”
8 of 8

Claims other papers make about this one

Each is checked against this paper’s own text: does it say what the citing paper says it does?

Self-check

Percentages, sums and reported differences re-computed from the paper’s own numbers.

Each contradiction between two passages listed here was confirmed by an independent check.

  • A gift-giving platform is classified as an LEM despite an explicit exclusion

    Minor

    The paper explicitly excludes gifting from LEMs, yet treats Freecycle as an LEM even though its described exchanges consist of giving goods away for free. This affects which markets the proposed typology covers.

1 of 1

Citations

Cites

Flagged first, then by citations

Show all 48 references

Research works printed but not linked: 12

  1. Arnould Eric J., 2006, The Service-Dominant Logic of Marketing, 91
  2. Arsel Zeynep, 2011, Advances in Consumer Research, 39, 66
  3. Blalock Hubert M., 1969, Theory Construction
  4. BusinessWire (2012), “thredUP Launches Online Concierge Service to Compete with Children's Consignment,” press release (January 25), https://www.benzinga.com/pressreleases/12/01/b2287737/thredup-launches-online-concierge-service-to-compete-with-childrens-con.
  5. BusinessWire (2016), “thredUP Poised to Bring 300 New Jobs to Metro Atlanta Area,” press release (July 26), http://www.businesswire.com/news/home/20160726006062/en/thredUP-Poised-Bring-300-New-Jobs-Metro.
  6. Dyck Noel, 2002, Realizing Community: Concepts, Social Relationships and Sentiments, 105
  7. Lobel Orly, 2016, Minnesota Law Review, 101, 87
  8. Lu June, 2012, Journal of Electronic Commerce Research, 13, 50
  9. NotoAnthony (2016), “Skillshare to Tap $12M to Bolster Online Education Offerings Across Globe,” New York Business Journal (May 26), https://www.bizjournals.com/newyork/news/2016/05/26/skillshare-to-tap-12m-to-bolster-online-education.html.
  10. PR Newswire (2010), “thredUp Launches Kids Clothing Exchange Website,” press release (April 12), http://a.aselabs.com/news.php?id=8018.
  11. Schutz Alfred, 1962, Collected Papers
  12. StangelLuke (2017), “TaskRabbit Could Be Looking for an Exit—by Way of a Sale,” Silicon Valley Business Journal (April 10), https://www.bizjournals.com/sanjose/news/2017/04/10/taskrabbit-could-be-looking-for-an-exit-by-way-of.html.

Cited by

Sorted by citations

Items 101–200 of 399

Metadata

Authors
Perren, R., & Kozinets, R. V.
Affiliations
  • California State University, San Marcos (US)
  • University of Southern California (US)
Corresponding author
  • Perren, Rebeca
  • Kozinets, Robert V.
Venue
Journal of Marketing
Published
2018-01
Volume
82
Issue
1
Pages
20-36
ISSN
  • 0022-2429 (ISSN-L)
  • 1547-7185
OpenAlex
W2757209552
Cited by
396
References
48
Citations by year
2026: 25 · 2025: 43 · 2024: 54 · 2023: 50 · 2022: 55 · 2021: 76 · 2020: 49 · 2019: 30 · 2018: 14
FWCI
46.00
Type
journal article
Language
en
Open access
Locations
  • Journal of Marketing (publishedVersion)
  • John Spoor Broome Library Institutional Repository (California State University) (submittedVersion)
Funders
  • McKnight Foundation
  • Florida Education Fund
Topics
  • Social Sciences › Business, Management and Accounting › Marketing › Sharing Economy and Platforms
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Digital Platforms and Economics
  • Social Sciences › Sociology and Political Science › Digital Economy and Work Transformation
Keywords
peer-to-peer markets, sharing economy, social platforms, platform intermediation, network economy, ideal types, exchange security, opportunism, platform algorithms

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