Definition
A sharing economy is an economic system where different parties – as individuals, groups, or organizations – exchange underutilized resources in the economy.
Many policymakers and members of the popular press around the world have struggled to find a cohesive and comprehensive term that covers all of the cases and examples of sharing economies. Thus, the definition of sharing economy is still a work in progress.
The sharing economy is also referred to as the “collaborative economy,” collaborative consumption, or uberization of consumption. The underlying idea is that of a peer-to-peer exchange of goods or services mediated through an online marketplace or platform. Despite its origins in peer-to-peer exchange, the sharing economy has evolved into a more complex and profit-driven system.
Finally, in sharing economies, there is a sense of community which governs most of the interactions on the market –...
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Acknowledgments
The authors would like to thank Andrew Foley for invaluable research assistantship. Egana del Sol acknowledge the support provided by the Centre for Social Conflict and Cohesion Studies (CONICYT/FONDAP/15130009) of Chile.
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Egana-delSol, P.A., Nungsari, M. (2020). Sharing Economy and the Future of Energy. In: Leal Filho, W., Azul, A., Brandli, L., Özuyar, P., Wall, T. (eds) Affordable and Clean Energy. Encyclopedia of the UN Sustainable Development Goals. Springer, Cham. https://doi.org/10.1007/978-3-319-71057-0_37-1
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