The future business war-----Study Examines Effects of the ‘Sharing Economy’ Revolution

Study Examines Effects of the ‘Sharing Economy’ Revolution | Heartlander Magazine:
"A recent study by published by the Mercatus Center at George Mason University examines the recent rise of innovative peer-to-peer companies such as Airbnb, Lyft, and Uber, explaining the “sharing economy” and its relationship with consumers and regulators.
Mercatus Center scholars Christopher Koopman, Matthew Mitchell, and Adam Thierer define the sharing economy as “any marketplace that brings together distributed networks of individuals to share or exchange otherwise underutilized goods—for both monetary and non-monetary benefit.”
Examples of companies in the sharing economy include familiar examples like Airbnb, Lyft, or Uber. By “underutilized assets or ‘dead capital’ to be put to more productive use,” the authors explain, the sharing economy improves “consumer welfare by offering new innovations, more choices, more service differentiation, better prices, and higher-quality services.” "