Dudeja, A. (2025). Sharing Made Simple: Sustainable Consumption with Shared Economies. Ecofunomics, 7(1), 69–74. https://doi.org/10.5281/zenodo.14709034
Abstract
The sharing economy, also known as collaborative consumption, is revolutionizing industries by leveraging digital platforms to enable peer-to-peer exchanges of goods and services. This model emphasizes access over ownership, facilitating resource-sharing, and creating new economic opportunities. As this trend continues to grow, it is reshaping sectors such as transportation, hospitality, finance, healthcare, and education. This article will explore how the sharing economy impacts various industries, highlight examples of real-time practices, and analyze the broader benefits in terms of sustainability, social equity, and global economic impact, especially in developing regions.
Keywords: Sharing Economy, Collaborative Consumption, Sustainability
JEL Classifications: O31, Q57, L14
Author
Aaroohi Dudeja
Data Scientist,
American Express
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