Our website is made possible by displaying online advertisements to our visitors.
Please consider supporting us by disabling your ad blocker.
Collaborative consumption
Economic concept
This article's lead sectionmay be too short to adequately summarize the key points. Please consider expanding the lead to provide an accessible overview of all important aspects of the article.(July 2018)
Collaborative consumption is the set of those resource circulation systems in which consumers both "obtain" and "provide", temporarily or permanently, valuable resources or services through direct interaction with other consumers or through a mediator. It is sometimes paired with the concept of the "sharing economy".[1][2] Collaborative consumption is not new; it has always existed (e.g. in the form of flea markets, swap meets, garage sales, car boot sales, and second-hand shops).[3][4]
In 2011, collaborative consumption was named one of Time magazine's 10 ideas that will change the world.[5]
^Ertz, Myriam; Durif, Fabien; Arcand, Manon (2016). "Collaborative consumption or the rise of the two-sided consumer". International Journal of Business and Management. 4 (6): 195–209. SSRN2799886.
^Belk, Russell; Sherry, John; Wallendorf, Melanie (1988). "A naturalistic inquiry into buyer and elle behavior at a swap meet". Journal of Consumer Research. 14 (4): 449–470. doi:10.1086/209128.
^Stone, Jonathan; Horne, Suzanne; Hibbert, Sally (1996). "Car boot sales: a study of shopping motives in an alternative retail format". International Journal of Retail & Distribution Management. 24 (11): 4. doi:10.1108/09590559610131682.