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Sharing economy

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The sharing economy is a socio-economic system whereby consumers share in the creation, production, distribution, trade and consumption of goods, and services. These systems take a variety of forms, often leveraging information technology and the Internet, particularly digital platforms, to facilitate the distribution, sharing and reuse of excess capacity in goods and services.[1][2][3][4]

It can be facilitated by nonprofit organizations, usually based on the concept of book-lending libraries, in which goods and services are provided for free (or sometimes for a modest subscription) or by commercial entities, in which a company provides a service to customers for profit.

It relies on the will of the users to share and the overcoming of stranger danger.[5]

It provides benefits, for example can lower the GHG emissions of products by 77%-85%.[6]

  1. ^ "What Is the Sharing Economy?". Dotdash Meredith. November 10, 2021.
  2. ^ David, Matthew (2017). "Sharing: post-scarcity beyond capitalism?". Cambridge Journal of Regions, Economy and Society. 10 (2): 311–325. doi:10.1093/cjres/rsx003.
  3. ^ Daglis, Theodoros (2022). "Sharing Economy". Encyclopedia. 2 (3): 1322–1332. doi:10.3390/encyclopedia2030088.
  4. ^ Bradley, Karin; Pargman, Daniel (2017). "The sharing economy as the commons of the 21st century". Cambridge Journal of Regions, Economy and Society. 10 (2): 231–247. doi:10.1093/cjres/rsx001.
  5. ^ Hyun, Hong Ji; Cho, Kim Byung; Sam, Park Kyung (June 2019). "Optimal risk management for the sharing economy with stranger danger and service quality". European Journal of Operational Research. 279 (3): 1024–1035. doi:10.1016/j.ejor.2019.06.020. S2CID 197523623.
  6. ^ Cite error: The named reference Cambridge was invoked but never defined (see the help page).

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