The economics of sharing #infographic

The economics of sharing #infographic
People's groups have shared estate use and allocation over thousands of years, but it was easier for resource owners and those who tried to find each other due to the advent of the Internet–and its use of big information. Such dynamics can also be referred to as share economy, collaborative consumption, economy of collaboration, or peer economy.

Sharing economies enables individuals and communities to get money from underused resources. Unless used in a shared economy, stupid assets such as parked cars and storage spaces can be rented. Physical assets are divided into services.

Car sharing facilities like Zipcar can show examples of this. According to data provided by the Brookings Institute, private vehicles go unused for 95% of their life. The same research defines Airbnb's cost advantage as residential owners over the hotel region use spare bedrooms. Airbnb rates have been disclosed to be between 30 and 60% cheaper than hotels around the world.

The economics of sharing #infographic

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