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The sharing economy and sufficiency

Mont, Oksana LU and Palgan, Yuliya Voytenko LU (2025) p.230-246
Abstract

In Chapter 11, Oksana Mont and Yuliya Voytenko Palgan examine the relationship between the sharing economy and the concept of sufficiency. The chapter highlights how shared access to goods and services can change consumption patterns, maximising resource use and reducing the need for new production. This can decrease resource extraction and reduce greenhouse gas emissions. The authors discuss how the sharing economy's focus on redistribution aligns with sufficiency principles, promoting efficient resource use over ownership. However, challenges like the rebound effect can undermine these benefits. The chapter also notes that the sharing economy's shift towards ICT and investor-driven models has sometimes worsened environmental and... (More)

In Chapter 11, Oksana Mont and Yuliya Voytenko Palgan examine the relationship between the sharing economy and the concept of sufficiency. The chapter highlights how shared access to goods and services can change consumption patterns, maximising resource use and reducing the need for new production. This can decrease resource extraction and reduce greenhouse gas emissions. The authors discuss how the sharing economy's focus on redistribution aligns with sufficiency principles, promoting efficient resource use over ownership. However, challenges like the rebound effect can undermine these benefits. The chapter also notes that the sharing economy's shift towards ICT and investor-driven models has sometimes worsened environmental and social issues. It calls for policies and business strategies that genuinely support sufficiency goals, urging a holistic approach that includes both direct and indirect impacts of shared consumption. The authors advocate systemic changes and lifestyle adaptations prioritising long-term sustainability.

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Please use this url to cite or link to this publication:
author
and
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
keywords
Communication, Operations, Product strategies, Profit models, Sharing economy, Sufficiency
host publication
Understanding the Urban Sharing Economy
pages
17 pages
publisher
Edward Elgar Publishing Ltd.
external identifiers
  • scopus:105005247454
ISBN
9781035320530
9781035320547
DOI
10.4337/9781035320547.00024
language
English
LU publication?
yes
id
66b4e67f-ce4f-461e-af7b-25fba83c3a03
date added to LUP
2025-09-15 15:38:38
date last changed
2025-11-10 21:05:43
@inbook{66b4e67f-ce4f-461e-af7b-25fba83c3a03,
  abstract     = {{<p>In Chapter 11, Oksana Mont and Yuliya Voytenko Palgan examine the relationship between the sharing economy and the concept of sufficiency. The chapter highlights how shared access to goods and services can change consumption patterns, maximising resource use and reducing the need for new production. This can decrease resource extraction and reduce greenhouse gas emissions. The authors discuss how the sharing economy's focus on redistribution aligns with sufficiency principles, promoting efficient resource use over ownership. However, challenges like the rebound effect can undermine these benefits. The chapter also notes that the sharing economy's shift towards ICT and investor-driven models has sometimes worsened environmental and social issues. It calls for policies and business strategies that genuinely support sufficiency goals, urging a holistic approach that includes both direct and indirect impacts of shared consumption. The authors advocate systemic changes and lifestyle adaptations prioritising long-term sustainability.</p>}},
  author       = {{Mont, Oksana and Palgan, Yuliya Voytenko}},
  booktitle    = {{Understanding the Urban Sharing Economy}},
  isbn         = {{9781035320530}},
  keywords     = {{Communication; Operations; Product strategies; Profit models; Sharing economy; Sufficiency}},
  language     = {{eng}},
  pages        = {{230--246}},
  publisher    = {{Edward Elgar Publishing Ltd.}},
  title        = {{The sharing economy and sufficiency}},
  url          = {{http://dx.doi.org/10.4337/9781035320547.00024}},
  doi          = {{10.4337/9781035320547.00024}},
  year         = {{2025}},
}