sharing economy

theory

is an economy based on extracting value from underutilized assets by making them accessible online to a community, leading to a reduced need for ownership of those assets.

Alex Stephany as he was writing his 2015 book, 'The sharing economy is the value in taking underutilized assets and making them accessible online to a community, leading to a reduced need for ownership of those assets.'

is an economy in which goods become services. That is, owning a car suddenly means owing the ability to be an uber driver.

He then explains each of the five limbs of his definition: (1) value (the exchange creates economic value, either through the use of money or through barter)... (2) underutilized assets (akin to Botsman's idling capacity)... (3) online accessibility (the enabling power of the Internet)... (4) community (the facilitation of more fluid exchange through community trust, social interaction, or shared value), and (5) reduced need for ownership (goods become services).

is composed of five limbs, including economic value, underutilized assets, online accessibility, community, and the reduced need for ownership.

He then explains each of the five limbs of his definition: (1) value (the exchange creates economic value, either through the use of money or through barter)... (2) underutilized assets (akin to Botsman's idling capacity)... (3) online accessibility (the enabling power of the Internet)... (4) community (the facilitation of more fluid exchange through community trust, social interaction, or shared value), and (5) reduced need for ownership (goods become services). (stephany

is the ghost that rises from the corpse upon the dissecting table.

Theory is the ghost that rises from the corpse upon the dissecting table.

Alex StephanyThinkers

Alex Stephany