What is the Value of Being a Superhost?

Berentsen, Aleksander and Rojas Breu, Mariana and Waller, Christopher J.. (2019) What is the Value of Being a Superhost? RESEARCH DIVISION - Working Paper Series, 2019 (19A). St. Louis.

Full text not available from this repository.

Official URL: https://edoc.unibas.ch/73599/

Downloads: Statistics Overview


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 find 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.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Wirtschaftstheorie (Berentsen)
UniBasel Contributors:Berentsen, Aleksander and Rojas Breu, Mariana
Item Type:Working Paper
Publisher:Federal Reserve Bank of St. Louis
Note:Publication type according to Uni Basel Research Database: Discussion paper / Internet publication
Related URLs:
Identification Number:
Last Modified:22 Dec 2020 13:45
Deposited On:22 Dec 2020 13:45

Repository Staff Only: item control page