This document provides an overview of the sharing economy from the perspective of Hugo Guyader, a PhD candidate studying collaborative consumption. It includes definitions of key sharing economy concepts, descriptions of different sharing economy models and platforms, discussions of trust and participation in the sharing economy, and both positive and negative perspectives. The sharing economy enables increased access and utilization of underused assets through peer-to-peer sharing, but some argue it is overhyped and questions remain around its environmental and social impacts.
5. Whatâs Mine is Yours
TEDTalk 2010: âš
the case for âš
Collaborative Consumption
Products and services are
swapped, redistributed,
shared, rented or gifted.
Consumers access to âš
more resources, âš
more convenience,âš
and at lower costs.
(Botsman & Rogers 2010)
7. TRUST #1 barrier to sharing
67% express trust concerns as the primary barrier
to join a collaborative consumption service
30% fear that their goods will be stolen or broken
23% express a basic mistrust of strangers
14% express âprivacy concernsâ
(Campbell Mithun 2012)
Sharing platforms use peer-review and
reputation-based systems to create
trust and alleviate the problem of âfree-
ridersâ who do not contribute.
8.
9. â a critical mass of users
â idling or excess capacity of unused goods
â belief in the common good
â social trust
The P2P Foundation also identifies 2 main societal drivers:
âą community dynamics in conducting business and the
combined effect of digital reproduction
âą the increasingly 'socialized' production of value.
4 principles of collaborative consumption
10. Some clarification
Collaborative Economy: An economy built on decentralised networks
and marketplaces that unlocks the value of underused assets by matching
needs and haves, in ways that bypass traditional middlemen and disrupt
centralised institutions.
- collaborative consumption (Maximum assets utilisation through
models of redistribution and shared access) â âSharing Economyâ
- collaborative production (Design, production, and distribution of
goods through collaborative networks)
- collaborative finance (P2P banking and crowd-driven investment
models that decentralise finance)
- collaborative education (Open education and person-to-person
learning models that democratise education)
11.
12. Think-tank and global community (10.000 members) since
2011, developing a framework that explains and brings
together different phenomena into one coherent vision:
« build a society based on openness, âš
collaboration and sharing »
Projects and activities include community building, producing
knowledge and incubating projects, offering support to individuals,
public institutions, and companies through professional services and
education.
OuiShare
17. Participation is rather a choice than a necessity.âš
âhomo cooperansâ not âhomo economicusââš
they cooperate for their emancipation, autonomy,
social justice, knowledge sharing and open production.
⣠mobile and
connected (the âdot-
comâ âš
generation)
⣠millennial
⣠mid-high income
⣠high level of
education
⣠living in urban areas
⣠unique personality
⣠like to experiment
new things
⣠innovative, playful
and creative
Who are the âNOwnersâ
19. 1 Access
Rental, outsourcing, or leasing services offer the benefits of ownership,
but without ownership.
⥠paradigm shift from ownership and acquisition models to
access-based consumption
- Firms offer access-based services to customers âš
(i.e. B2C market mediated exchanges)
- Product utilisation is increased âš
(i.e. customers sequentially accessing the same product over its lifetime)
- Temporal solutions to customer needsâš
(i.e. cheap, on-demand, self-service, eco-friendly alternatives without long-term
commitment)
For instance, Zipcar offers access to a fleet of electric cars (i.e. a traditional firm
owning assets): âZipstersâ (paying customers who sign up to a membership plan)
can reserve a conveniently located car via an app (unlocking it with a smartcard),
which they return to the same location after their rental duration (usage-based
pricing) for the next customer to use.
20. âą Online platforms enable private individuals to
organise the P2P exchange of their under-
utilised resources, thereby disrupting industry
incumbents (e.g., hotel chains).
âą For instance, Airbnb hosts (i.e. peer service
providers) offer accommodation rental (P2P
services) to guests (consumers) via a the
website (marketplace).
2 Peer-to-Peer / Consumer-to-Consumer
Technology has enabled people to get what they need from each other,
rather than from traditional companies selling goods and services.
⥠paradigm shift from B2C to C2C (P2P)
21. âą The more network users, âš
the more valuable it becomes, âš
the better services can be provided.
âą Service organisations develop
online platforms that enable their
users to exchange P2P services.
PROVIDERSCONSUMERS
23. Sharing Economy drivers:
- the economic incentive
- an urge to reduce the socio-âš
environmental impact of consumption âš
and a belief in âthe commonsâ
- desires to satisfy altruistic needs and
feelings of communal belonging
- shift from ownership to access
- ICT developments = convenience
28. Lisa Gansky (2010). âThe Mesh: Why the Future of Business Is Sharing.â â Chelsea Rustrum, Gabriel Stempinski & Alexandra Liss
(2014). âIt's a shareable life: A Practical Guide to Sharing.â â Jasper Ribbers & Huzefa Kapadia (2014). âGet Paid For Your Pad:
How to Maximize ProïŹt From Your Airbnb Listing.â â Warren Bell (2014). âThe Airbnb Entrepreneur: How To Earn Big ProïŹts,
Even If You Don't Own a Property.â â Christopher M. Jennings (2014). âDarebnb: The truth about turning your unused space into
real income on Airbnb.â  â John Dale (2015). âLearn how to make an extra income renting your short-term rental or spare room all
over the world!â â Alex Stephany (2015). âThe Business of Sharing: Making it in the New Sharing Economy.â â Claire Marshall
(2015). âHow to make money (and a whole lot more) by Sharing. A quick start guide to the sharing economy.â â Glenn Carter
(2015). âSecrets of the Sharing Economy: UnofïŹcial Guide to Using Airbnb, Uber, & More to Earn $1000âs.â â Michael James
(2015). âAirbnb Super-Host: The Ultimate Guide to Hosting Success: Unlock Your Home's Earning Potential The Right Way To
Make More Money with Airbnb.â â Michael Fertik & David C. Thompson (2015). âThe Reputation Economy: How to Optimize
Your Digital Footprint in a World Where Your Reputation Is Your Most Valuable Asset.â  â Sally Miller (2015). âMake Money On
Airbnb: How To Quickly And Easily Earn $2,500 A Month From Your Home.â â Billee Howard (2015). âWe-Commerce: How to
Create, Collaborate, and Succeed in the Sharing Economy.â â Bryan Kramer (2015). âShareology: How Sharing is Powering the
Human Economy.â â Diane Mulcahy (2016). âThe Gig Economy: The Complete Guide to Getting Better Work, Taking More Time
Off, and Financing the Life You Want.â â Nick Loper (2016). âBuy Buttons: The Fast-Track Strategy to Make Extra Money and
Start a Business in Your Spare Time. [Featuring 300+ Apps and Peer-to-Peer Marketplaces]â â Jared Meyer (2016). âUber-Positive:
Why Americans Love the Sharing Economy.â â Beandrea July (2016). âAirbnb Your Life: The Host Edition:â â Vince Hinojosa
(2016)Â âConfessions of an AirBNB Host: How I made $17,623 on AirBNB and So Can You!.â
32. Is âsharingâ just a fancy word for ârentalâ?
âą Some organisations are public initiatives or small cooperatives,
others develop platform business models capitalising on
existing communities and enhancing the P2P services with
powerful matchmaking algorithms in exchange of a transaction
fixed fee and/or a commission.
Sharing Economy âunicornsâ:
⣠Uber = $70 billion
⣠Airbnb = $30+ billion
âą VCs and business angels have invested about billions in tech-
startups with sharing schemes.
- e.g., automotive industry incumbents (Daimler, Ford, GM,
VW, BMW, etc.) acquire startups by the dozens!
35. False Promises?
Cheaper than market alternatives. Really?
Green? Less resource-intensive practices reducing
carbon footprints, and reducing demand for new
goods/facilities?
Increasing social connections?
Commitment to social transformation: emphasis
on the ideological values of sharing and collaboration?
While the for-profit companies may be âacting badly,â these new technologies of peer-to-peer
economic activity are potentially powerful tools for building a social movement centred on genuine
practices of sharing and cooperation in the production and consumption of goods and services. But
achieving that potential will require democratising the ownership and governance of the platforms.
(Schor 2014)
36. Disruption?
⣠The most common model is to take a
commission on transactions; something
businesses have been doing for centuries.
⣠Technology has done many things, but to
date it hasn't been able to completely do
away with the middleman.
⣠Despite their power to disrupt incumbents, sharing
economy businesses make use of the same traditional
business models.
37. Whatâs Yours is Mine
⊠Unfulfilled promises of the Sharing Economyâš
openness, democratisation, equality, communitarian
values, personal exchanges/interactions, trust between
strangers, micro-entrepreneurship, less materialism
with access over ownership, sustainability, etc.
⊠In reality:
- creates new forms of commerce and new marketplaces,
- not 100% safe and trustworthy
- centralised control or mutual surveillance system,
- money for investors but not the workers
- deregulated free-market in private lives, etc.
⊠Conflicting languages:
(Slee 2016)
community, collective action,
libertarian/progressive politics,
grassroots activism, social change
private/corporate
financial/commercial
gains
VS
38. We-Washing
Share-Washing âš
Collaborative Washing
⥠Online platforms claim to foster
communal belonging by borrowing the
semantics of the sharing ethos, whereas
they actually foster a market
professionalisation of P2P exchange (e.g.,
into rental services).
⥠The âtrue sharingâ movement raises
awareness of this loss of communities and
criticises Sharing Economy unicorns.
41. What is an authentic sharing platform?
BlaBlaCar (FR) has been criticised of killing the original ridesharing
ideology for changing its business model (2012: from free to fees) and
âforcingâ an online registration system.
Direct contact between users (exchange of emails, phone numbers)
became impossible and forbidden, and the price rose to take into
consideration the driverâs car depreciation and the platformâs commission.
The social aspect diminished (i.e. riders listen to music, sleep, claim
reserved seats; direct communication is impossible before a reservation)
and the economic aspect reversed (i.e. 12% commission, less flexibility
with booking and pricing).
Users perceive that digital security became a hassle, trust
between members faded, the original communal spirit
vanished and monetary benefits became the norm.
42. Sharing
Belk (2007) definition of sharing:
âvoluntary lending, pooling and allocation of resources, and
authorized use of public property, but not contractual renting,
leasing, or unauthorized use of property by theft or trespassâ
=> the Sharing Economy is not true sharing (Belk 2014):
- presence of profit motivesâš
- absence of feelings of communityâš
- expectations of reciprocity
âsharing is a phenomenon as old as humankind, âš
while collaborative consumption and the âsharing economyâ âš
are phenomena born of the Internet age.â
43. Sharing
â True sharing involve caring and love, it is driven by altruistic motives (i.e. not ,
personal), indirect reciprocity (i.e. not direct reciprocity), in-direct economic
benefits (i.e. non-monetary), communal belonging, and relying on mutual trust
and social bonds without contracts or legal requirements (Belk 2010, 2014,
2017).
â Sharing out (vs. Sharing in) âinvolves giving to others outside the boundaries
separating self and other, and is closer to gift giving and commodity
exchangeâ (Belk 2010 p.725).
â âIf we conceive of a continuum commodity exchange lies at one end and sharing
at the other, with gift giving somewhere in the middleâ (Belk, 2007, p.127).
commodity
exchange
gift
giving
sharing
44. âą Acts of collaborative consumption can be defined as âevents
in which one or more persons consume economic goods or
services in the process of engaging in joint activities with one
or more othersâ.
âą Collaborative consumption may or may not involve direct
physical contact between collaborators:
â âdirect-contact collaborationâ = same place at the
same time
â âsystem-hookup collaborationâ = different places but
at the same time
â âsegregated collaborationâ = different times and places
(Felson & Spaeth 1978)
(Outdated) Academic Definitions
45. âą The term âThe Share Economyâ dates back to 1984
âą Martin Weitzman argues that full employment
and social welfare could be achieved if workers
were paid a âshareâ of the firm revenues.
âą Companies would have an
incentive to create jobs
because more workers would
be paid only in proportion to
what they have brought in.
(Outdated) Academic Definitions
46. Heart and Wallet paradox
Sharing Economyâs ideological tensions:
1. a logic of economic market-mediated exchange
with aspects of profit-maximization, negative
reciprocity, independence between parties who
have self-interested motivations
2. a logic of non-market exchange with elements
of solidarity, mutuality, generalized reciprocity,
and communal norms establishing
interdependence between participants
47. Platform Cooperativism
âą Sharing platforms that facilitate P2P service exchange
should adopt a cooperative business structure
with a âmulti-stakeholder model that could include
providers, customers, founders, investors, geographic
communities, and natureâ
âą âproduser-owned platforms = users are producersâ
âą The rationale is that most P2P platforms rely on the
supply side of the network for their revenue stream,
so these users/providers should own and control the
platforms.Â
(Gansky 2014; Gorenflo 2015; Scholz 2014, 2016; Schneider 2014)
50. Collaborative Economy Evolution
âą Collaborative Economy 1.0 | Collaborative Consumption âWhatâs Mine is Yoursâ
Wikipedia (2001), The Pirate Bay (2003), CouchSurfing (2004), Linux (1991), carsharing
communal motives, moral/environmental concerns, mostly institution-based work creation/
occupation (employees), civil society initiativesÂ
âą Collaborative Economy 2.0 | Gig Economy, Crowd-based Capitalism, âWhatâs Yours is Mineâ
Uber (2008), Airbnb (2009), La Ruche Qui Dit Oui (2010),
VC funding, extractive business models, profit-maximizing, end of employment (micro-
entrepreneurs), value cocreation facilitated by platform
âą Collaborative Economy 3.0 | platform cooperativism
Fairmondo (2012), BackFeed (2015), Juno (2016)
stakeholders shareholders, open source, decentralizationÂ
- direct people-based (peer-to-peer) credit relationships between individuals, âš
- direct asset-based (peer-to-asset) credit relationships between individuals and
productive assets
51. ⊠Individual travellers share a
vehicle for a trip and split travel
costs with others that have similar
itineraries and time schedules.
(Furuhata et al. 2013)
My research: ridesharing
Liftsharing (UK) or Carpooling (US)
two-sided platforms
e.g. Blablacar
hitchhiking, slugging
TNCs: Uber, Lyft, Sidecar
52. Ridesharing
Two-sided platforms facilitating ridesharing between
individual car drivers and passengers.
Ridesharing can include small detours, but it does not
concern for-proïŹt taxis and chauffeured vehicles in
which drivers make a special trip to carry a passenger
and enable them to make proïŹts (e.g. the passenger
pays more than the gas costs). âš
- Transportation Network Companies provide such
âridesourcing serviceâ.
53. Ridesharing
In Denmark, a ridesharing study reports the user
perceptions as positive thanks to cost savings, greater
comfort, ïŹexibility and speed (vs. public transportation),
and socialisation with other ridesharing participants âš
âŠbut also negative because of a lack of ride
availability and inconvenience in ïŹnding them, viewing
ridesharing as unsafe or unsecure, and expectations of
social awkwardness and exclusion.
âĄ
Economic and social attributes are the strongest
choice determinants for adopting ridesharing.
(Nielsen et al. 2015)
55. BlaBlaCar
⣠âš
covoiturage.fr (âcarpoolingâ in French)
⣠âš
new âtransactional booking modelâ
based on an online registration system
replacing the exchange of cash and
reducing no-shows and cancellations
business model: âš
passengers pay a 11.88% commission
and a 0,89⏠fixed-fee per reservation
⣠âš
24 countriesâš
60 million membersâš
Average shared distance: 350kmâš
Average car occupancy: 3 persons
56.
57. Skjutsgruppen
âą civil society movement
participatory culture
âą no commission
âą no peer-reviews
âą institutional partners (e.g.,
cities, regional transport.)
60. GoMore
Founders imported ridesharing from Germany to Denmark, seeing an
opportunity in the Danesâ concern for the environment and their discontent with
public transportation (prices, delays, cancellations). âš
Organic growth as a non-profit platform for 6 years.
Website enhanced with technological developments (e.g., online payment).
Ridesharing commission for the drivers (currently 12.5%).
Launch of P2P car rentals (commission: 20.5%).âš
âš
Launch of leasing (in partnership with a supplier): when the leased car is not
used, it can be rented out to other GoMore members. By renting out their leased
car 8 days/month, the Leasers can make up the leasing cost, so the car can be used
for free the rest of the month (â5% commission on partnerâs leasing contract).
Presence in Spain, France, Sweden, and Norway (800.000 members in
Scandinavia).