COWLES FOUNDATION FOR RESEARCH IN ECONOMICS
AT YALE UNIVERSITY

Post Office Box 208281
New Haven, CT 06520-8281

COWLES FOUNDATION DISCUSSION PAPER NO. 783

"The Share Economy: A Symposium"

John Andrew and William D. Nordhaus

February 1986

In June 1985, the Yale Economics Department sponsored a half-day conference on Martin Weitzman’s striking proposal that sharing would be introduced into compensation arrangements. His suggestions have received wide attention in the popular press and from economists, but the organizers believed that the suggestions were sufficiently novel and promising to warrant careful scrutiny from a wide range of points of view. The conference participants therefore examined the "share economy" from the vantage point of labor economics, capital theory, general equilibrium theory, and macroeconomics.

JEL Classification: 023

Keywords: Share economy, stagflation