Psychological science for a responsible sharing economy

Shaul Shalvi, Jantsje M. Mol, Catherine Molho, Linh Vu, Margarita Leib, Ivan Soraperra

Research output: Contribution to journalReview articlepeer-review

2 Scopus citations

Abstract

The sharing economy is fueled by trust, which allows strangers to cooperate. To share responsibly, one needs to be aware of the various consequences sharing has on interacting and third parties. When transparency about such consequences is lacking, mutual trust among interacting parties may encourage people to cooperate and share, in turn, creating unintended negative impacts. Psychologists have long studied trust and cooperation, yet few insights from psychological science have been used to understand the sharing economy. Here, we propose that evoking trust may paradoxically increase motivated information processing leading people to share irresponsibly by ignoring the negative consequences sharing has on others. We review three conditions under which evoking trust may lead to irresponsible sharing: ethical blind spots, willful ignorance, and misinformation. We propose that transparent information is key to enable and encourage responsible sharing. More psychological research is needed to better understand how this flourishing, trust-based industry can be shaped to encourage safe, cooperative, and responsible sharing.

Original languageEnglish
Pages (from-to)100-105
Number of pages6
JournalCurrent Opinion in Psychology
Volume44
DOIs
StatePublished - 1 Apr 2022
Externally publishedYes

Keywords

  • Information
  • Platform economy
  • Responsible sharing
  • Trust
  • Willful ignorance

ASJC Scopus subject areas

  • General Psychology

Fingerprint

Dive into the research topics of 'Psychological science for a responsible sharing economy'. Together they form a unique fingerprint.

Cite this