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What is the value of being a superhost ?

Aleksander Berentsen, Mariana Rojas Breu () and Christopher Waller
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Mariana Rojas Breu: LEDa - Laboratoire d'Economie de Dauphine - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres
Christopher Waller: Deakin University [Burwood]

Authors registered in the RePEc Author Service: Mariana Rojas-Breu

Working Papers from HAL

Abstract: We construct a search model where sellers post prices and produce goods of unknown quality. A match reveals the quality of the seller. Buyers rate sellers based on quality. We show that unrated sellers charge a low price to attract buyers and that highly rated sellers post a high price and sell with a higher probability than unrated sellers. We fi nd that welfare is higher with a ratings system. Using data on Airbnb rentals, we show that Superhosts and hosts with high ratings: 1) charge higher prices, 2) have a higher occupancy rate and 3) higher revenue than average hosts.

Keywords: Ratings; Airbnb; Price Posting (search for similar items in EconPapers)
Date: 2019-10-03
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Working Paper: What is the Value of Being a Superhost? (2019) Downloads
Working Paper: What is the value of being a superhost? (2019) Downloads
Working Paper: What is the value of being a superhost? (2019)
Working Paper: What is the value of being a superhost? (2019) Downloads
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