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THOUGHTS ONTHE
SHARING ECONOMY
Yogi Mahendra
Author
TimmTeubner
Karlsruhe Institute ofTechnology (KIT), Institute of
Information Systems and Marketing (IISM)
ABSTRACT
Flats, cars, rides, and much more can be shared from peer to peer online today.
Some suggest a global and unstoppable trend towards green and more sustainable
consumption and local production, which results in an increased economically
importance of interpersonal aspects. Others merely see in it the long known
principle of flea markets and micro entrepreneurship—transferred to the Internet
and app-based age at which mainly price matters. In this article, we take a look at
different concepts and challenges of the Sharing Economy.
KEYWORDS
Sharing economy; e-commerce; peer-to-peer markets.
Disambiguation of Sharing
The notion of sharing has experienced a remarkable transformation in its linguistic
history. In the 16th century it was used in the sense of splitting or dividing something
into pieces (John, 2013a, p. 114).This, with regard to resources, entails that there is
not much to gain from sharing, since it constitutes a zero-sum game.
Disambiguation of Economy
“the process or system by which goods and services are produced, sold, and bought
in a country or region.” according to Meriam-Webster dictionary
“What’s Mine isYours—The Rise of Collaborative
Consumption” by Rachel Botsman and Roo Roger
Sharing Economy differentiates between:
1. Product service systems (zipcar)
2. Redistribution markets (eBay)
3. Collaborative lifestyles (Airbnb)
Conclusion
This field of the economy has been developing rapidly, and social norms have not
fully been established or adopted to the changing reality yet. Regarding the future
of the Sharing Economy, there is reason to be cautiously optimistic. Using resources
efficiently simply makes sense, and providers, clients, as well as society as a whole
can benefit. Companies like uber and others bet that legal conditions will adopt in
the longrun. Meanwhile, exalting idealism and philanthropy are not necessary in
most cases, but also will not be harmful. Ideally, sharing platforms convey, insure,
and support the consumers’ transactions—if appropriate also regarding tax
payments—so that all involved parties operate in accordance with applicable law.

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Thoughts on the Sharing Economy

  • 2. Author TimmTeubner Karlsruhe Institute ofTechnology (KIT), Institute of Information Systems and Marketing (IISM)
  • 3. ABSTRACT Flats, cars, rides, and much more can be shared from peer to peer online today. Some suggest a global and unstoppable trend towards green and more sustainable consumption and local production, which results in an increased economically importance of interpersonal aspects. Others merely see in it the long known principle of flea markets and micro entrepreneurship—transferred to the Internet and app-based age at which mainly price matters. In this article, we take a look at different concepts and challenges of the Sharing Economy. KEYWORDS Sharing economy; e-commerce; peer-to-peer markets.
  • 4. Disambiguation of Sharing The notion of sharing has experienced a remarkable transformation in its linguistic history. In the 16th century it was used in the sense of splitting or dividing something into pieces (John, 2013a, p. 114).This, with regard to resources, entails that there is not much to gain from sharing, since it constitutes a zero-sum game.
  • 5. Disambiguation of Economy “the process or system by which goods and services are produced, sold, and bought in a country or region.” according to Meriam-Webster dictionary
  • 6. “What’s Mine isYours—The Rise of Collaborative Consumption” by Rachel Botsman and Roo Roger Sharing Economy differentiates between: 1. Product service systems (zipcar) 2. Redistribution markets (eBay) 3. Collaborative lifestyles (Airbnb)
  • 7. Conclusion This field of the economy has been developing rapidly, and social norms have not fully been established or adopted to the changing reality yet. Regarding the future of the Sharing Economy, there is reason to be cautiously optimistic. Using resources efficiently simply makes sense, and providers, clients, as well as society as a whole can benefit. Companies like uber and others bet that legal conditions will adopt in the longrun. Meanwhile, exalting idealism and philanthropy are not necessary in most cases, but also will not be harmful. Ideally, sharing platforms convey, insure, and support the consumers’ transactions—if appropriate also regarding tax payments—so that all involved parties operate in accordance with applicable law.