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Chapter 2 The Sharing Economy History, definitions and related concepts

DOI: 10.23912/9781915097064-5094

ISBN: 9781915097064

Published: April 2022

Component type: chapter

Published in: The Sharing Economy and the Tourism Industry

Parent DOI: 10.23912/9781915097064-4970

10.23912/9781915097064-5094

Abstract

The sharing economy has been described as a disruptive socio-economic system that, by combining collaborative principles with the potential of the Internet, represents a major challenge to well-established economic models, which generally focus on hyper-consumption and private ownership (Botsman & Rogers, 2010; Gansky, 2010; Howard, 2015). The sharing economy aims to redistribute existing goods across the population in order to maximize their functionality (Howard, 2015). Sharing economy platforms allow users to share (not necessarily for free) their possessions with others, thus developing new patterns of consumption (Dolnicar, 2021). Goods are owned by few but enjoyed by many; the sharing economy highlights the need to make use of, or dispose of, the overproduced goods of large capitalist companies. Accordingly, a considerable number of everyday goods such as toys, construction tools, sports equipment, cars, etc. pass from user to user, thus reducing the need to buy the same product. Placing access over ownership considerably reduces costs, given that consumers pay solely for the needed time (Botsman & Rogers, 2010; Rifkin, 2014).

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Martos-Carrión & Miguel, 2022

Martos-Carrión, E. & Miguel, C. (2022) "Chapter 2 The Sharing Economy History, definitions and related concepts" In: Taheri, B., Rahimi, R. & Buhalis, D. (ed) . Oxford: Goodfellow Publishers http://dx.doi.org/10.23912/9781915097064-5094

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