{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,4,29]],"date-time":"2026-04-29T19:24:14Z","timestamp":1777490654141,"version":"3.51.4"},"reference-count":20,"publisher":"MDPI AG","issue":"4","license":[{"start":{"date-parts":[[2015,10,26]],"date-time":"2015-10-26T00:00:00Z","timestamp":1445817600000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"funder":[{"DOI":"10.13039\/100000001","name":"National Science Foundation","doi-asserted-by":"publisher","award":["1257138"],"award-info":[{"award-number":["1257138"]}],"id":[{"id":"10.13039\/100000001","id-type":"DOI","asserted-by":"publisher"}]}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Games"],"abstract":"<jats:p>The sharing economy is a new online community that has important implications for offline behavior. This study evaluates whether engagement in the sharing economy is associated with an actor\u2019s aversion to risk. Using a web-based survey and a field experiment, we apply an adaptation of Holt and Laury\u2019s (2002) risk lottery game to a representative sample of sharing economy participants. We find that frequency of activity in the sharing economy predicts risk aversion, but only in interaction with satisfaction. While greater satisfaction with sharing economy websites is associated with a decrease in risk aversion, greater frequency of usage is associated with greater risk aversion. This analysis shows the limitations of a static perspective on how risk attitudes relate to participation in the  sharing economy.<\/jats:p>","DOI":"10.3390\/g6040560","type":"journal-article","created":{"date-parts":[[2015,10,26]],"date-time":"2015-10-26T12:48:03Z","timestamp":1445863683000},"page":"560-573","update-policy":"https:\/\/doi.org\/10.3390\/mdpi_crossmark_policy","source":"Crossref","is-referenced-by-count":28,"title":["Risk Aversion and Engagement in the Sharing Economy"],"prefix":"10.3390","volume":"6","author":[{"given":"Jessica","family":"Santana","sequence":"first","affiliation":[{"name":"Department of Sociology, Stanford University, 450 Serra Mall, Stanford, CA 94305, USA"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Paolo","family":"Parigi","sequence":"additional","affiliation":[{"name":"Institute for Research in the Social Sciences, Stanford University, 30 Alta Road, Stanford, CA 94305, USA"}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"1968","published-online":{"date-parts":[[2015,10,26]]},"reference":[{"key":"ref_1","unstructured":"Lahti, V.-M., and Selosma, J. (2013). A Fair Share, Atena Kustannus Oy."},{"key":"ref_2","unstructured":"PricewaterhouseCoopers (2015). The Sharing Economy, PricewaterhouseCoopers."},{"key":"ref_3","unstructured":"Owyang, J., Samuel, A., and Grenville, A. (2014). Sharing is the New Buying: How to Win in the Collaborative Economy, Vision Critical. Vision Critical and Crowd Companies."},{"key":"ref_4","unstructured":"Levitt, T. (1986). The Marketing Imagination, Free Press."},{"key":"ref_5","unstructured":"Botsman, R., and Rogers, R. (2010). What\u2019s Mine is Yours, Harper Business."},{"key":"ref_6","unstructured":"Burnett, L. (2014). The Sharing Economy, Leo Burnett Company."},{"key":"ref_7","unstructured":"Fischer, C. (2011). Made in America, University of Chicago Press."},{"key":"ref_8","doi-asserted-by":"crossref","first-page":"153","DOI":"10.1146\/annurev-soc-071312-145646","article-title":"Social Isolation in America","volume":"40","author":"Parigi","year":"2014","journal-title":"Annu. Rev. Sociol."},{"key":"ref_9","first-page":"429","article-title":"Swift Trust and Temporary Groups","volume":"Volume 9","author":"Kramer","year":"1996","journal-title":"Trust in Organizations: Frontiers of Theory and Research"},{"key":"ref_10","unstructured":"Parigi, P., and State, B. (2014, January 11\u201313). Disenchanting the World: The Impact of Technology on Relationships. Social Informatics, Proceedings of the 6th International Conference (SocInfo 2014), Barcelona, Spain. LNCS 8851."},{"key":"ref_11","doi-asserted-by":"crossref","first-page":"311","DOI":"10.1086\/376947","article-title":"Internet Use and Civic Engagement","volume":"67","author":"Jennings","year":"2003","journal-title":"Public Opin. Q."},{"key":"ref_12","doi-asserted-by":"crossref","first-page":"405","DOI":"10.1086\/599247","article-title":"Origins of Homophily in an Evolving Social Network","volume":"115","author":"Kossinets","year":"2009","journal-title":"Am. J. Sociol."},{"key":"ref_13","unstructured":"Massey, D., and Denton, N.A. (1993). American Apartheid, Harvard University Press."},{"key":"ref_14","unstructured":"Cialdini, R.B. (2006). Influence: The Psychology of Persuasion, Harper Business."},{"key":"ref_15","doi-asserted-by":"crossref","first-page":"224","DOI":"10.2307\/2695870","article-title":"Identity Theory and Social Identity Theory","volume":"63","author":"Stets","year":"2000","journal-title":"Soc. Psychol. Q."},{"key":"ref_16","doi-asserted-by":"crossref","first-page":"96","DOI":"10.1038\/scientificamerican1170-96","article-title":"Experiments in Intergroup Discrimination","volume":"223","author":"Tajfel","year":"1970","journal-title":"Sci. Am."},{"key":"ref_17","first-page":"1","article-title":"Socio-cultural influences in small group research","volume":"39","author":"Sherif","year":"1954","journal-title":"Sociol. Soc. Res."},{"key":"ref_18","doi-asserted-by":"crossref","first-page":"1644","DOI":"10.1257\/000282802762024700","article-title":"Risk Aversion and Incentive Effects","volume":"92","author":"Holt","year":"2002","journal-title":"Am. Econ. Rev."},{"key":"ref_19","doi-asserted-by":"crossref","first-page":"72","DOI":"10.1016\/j.jebo.2010.01.002","article-title":"Distinguishing Trust from Risk: An Anatomy of the Investment Game","volume":"74","author":"Houser","year":"2010","journal-title":"J. Econ. Behav. Organ."},{"key":"ref_20","unstructured":"The Exchange. Available online: http:\/\/www.stanfordexchange.org."}],"container-title":["Games"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.mdpi.com\/2073-4336\/6\/4\/560\/pdf","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,10,11]],"date-time":"2025-10-11T20:50:55Z","timestamp":1760215855000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.mdpi.com\/2073-4336\/6\/4\/560"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2015,10,26]]},"references-count":20,"journal-issue":{"issue":"4","published-online":{"date-parts":[[2015,12]]}},"alternative-id":["g6040560"],"URL":"https:\/\/doi.org\/10.3390\/g6040560","relation":{},"ISSN":["2073-4336"],"issn-type":[{"value":"2073-4336","type":"electronic"}],"subject":[],"published":{"date-parts":[[2015,10,26]]}}}