We are Celine, Gesche, Mila, Hannah, Yasmin and Helena.
We are all in 11th grade.
We value the YES! – Young Economic Summit for its content. It is not just a competition to win prices, but to create solutions for real world problems.
Digitalization changes markets and thus, our business activities. Via Web 2.0 technologies, it is easy for us to make resources temporarily available for other users.
The systematic borrowing of goods and the mutual provision of space is called sharing economy. In this form of sharing, the own possession of resources plays a minor role. The focus lies on collaborative consumption.
Sharing economy comes with the hope that resources will be used more efficiently and thus, both economic and environmental benefits can be achieved.
When is “using” instead of “owning” beneficial? What does this change in consumption behavior implies for markets? What economic concepts are behind this idea? What rules of conduct must be implemented to embellish a fair sharing economy and prevent free riding? When are we in need for regulation of the new business models? How does it affect tax authorities? Who will get the rents of the transactions? How will the sharing economy influences our daily lives?
The topic “Sharing Economy – Innovative and Sustainable?” is presented by the editorial staff of Wirtschaftsdienst and Intereconomics. The journals are published by the ZBW – Leibniz Information Centre for Economics.
Pictures (from top to bottom): (c) Hermann-Tast-Schule Husum, (c) shutterstock.com / SkyPics Studio.