A proposal to regulate the peer‐to‐peer market for tourist accommodation

In the peer‐to‐peer market for tourist accommodation, the demand is oriented to the center of the cities, generating impacts in different areas, which has opened a social and political debate on their regulation. The regulatory response from public administrations has often been to limit the supply of existing accommodation. However, as proven by the case of Barcelona, this does not guarantee the decrease of demand, and instead, results in more intensive use of the available accommodation. Thus, this article presents an alternative proposal on the basis of a model on the concept of both contamination and public resources externalities.