The battle of the buzzwords: A comparative review of the circular economy and the sharing economy concepts

Henry, Marvin; Schraven, Daan; Bocken, Nancy; Frenken, Koen; Hekkert, Marko P.; Kirchherr, Julian

doi:10.1016/j.eist.2020.10.008

Cited by 113 publications

(74 citation statements)

References 128 publications

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“…The sharing economy, also termed "collaborative consumption", takes place in organized systems or networks in which participants engage in sharing activities, for example, in the form of bartering, and swapping goods, services, transportation solutions, or space [7]. Recently, conceptual links between the sharing economy and circular economy have been examined systematically in [8]. It was found that notable links in the fields of sustainability, business models, sustainable consumption, and governance exist.…”

Section: Introductionmentioning

confidence: 99%

“…It was found that notable links in the fields of sustainability, business models, sustainable consumption, and governance exist. The sharing economy was conceptualized as a subset of circular economy [8]. Rather than simple consumption, the sharing economy is founded on the principle of maximizing the utility of assets, for example, via bartering.…”

Section: Introductionmentioning

confidence: 99%

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Bartering: Price-Setting Newsvendor Problem with Barter Exchange

Bieniek

2021

Sustainability

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Barter exchange is a system of swapping goods or services for other goods or services in a moneyless and direct manner. Barter has become an effective model of a circular economy because it reduces the consumption impact. Bartering maximizes the utility of assets and existing resources, and can unleash the unspent social, economic, and environmental value of underutilized assets. The present article analyzes the price-setting newsvendor problem with a barter exchange option. The retailer facing a stochastic price-dependent demand sells a product on the market and, additionally, needs another product for its own purposes. Therefore, first, the retailer trades the unsold product for the product it needs by means of barter, and next disposes of the unsold product at a discounted price at the end of the selling season. The retailer’s optimal order quantity and optimal price are derived assuming additive uncertainty in demand. This type of demand function has special characteristics, for example, the actual demand may attain negative values in times of economic uncertainty. The possibility of negative demand realizations is taken into consideration in the study. It proves that, in certain cases, the optimal solution belongs to the set of high barter prices which implies that the actual demand may be negative.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Bartering: Price-Setting Newsvendor Problem with Barter Exchange

Bieniek

2021

Sustainability

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“…These practices are then highlighting the importance of human-centred issues in the implementation of CE such as trust, empowerment, cooperation and inclusive participation [18,46]. Practices related to the sharing economy are said to have the potential to address the current weak social dimension of CE [47]. For instance, Ganapati and Reddick [48] have demonstrated that the opportunities of the sharing economy for the public sector as a user lies in changing the procurement practices from buying assets to renting assets from peer organisations and in using digital platforms to enable peer-topeer sharing of assets so that they are used at capacity (usually equipment, vehicles and spaces).…”

Section: Overview Of Circular Economy Implementation In Public Sector Organisationsmentioning

confidence: 99%

Advancing the Circular Economy in Public Sector Organisations: Employees’ Perspectives on Practices

Klein¹,

Ramos²,

Deutz

2021

Circ.Econ.Sust.

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Circular economy (CE) is a concept that is gaining attention as an approach to help accelerate the transition towards sustainability. Research has focused on the adoption of CE practices in the business sector while the adoption within public sector organisations has been relatively overlooked. Examining CE adoption in the public sector through the perceptive of employees is crucial because of their expertise in the organisation where they work. The main aim of this study is to identify what public employees perceive as suitable CE practices for their organisations and their critical role in implementation. As the adoption of CE practices is influenced by social and material configurations, this research has taken a case study approach, focused on the Portuguese Central Public Administration. Semi-structured interviews were conducted with public employees working on CE and sustainability issues, and a complementary analysis was undertaken of governmental reports and legislative documents. The results show that public employees view the existence and potential of CE practices mainly in the area of public procurement but also in resource efficiency and optimisation, dematerialisation and in practices related to the R-hierarchy including reduce and reuse. Both technical-oriented practices aimed to achieve traditional resource efficiency, and human-centred practices targeted at reducing consumption and sharing resources have been identified. This research provides insights into how a specific group of stakeholders envisions CE activities for their sector. Identification of practices for central public sector has the potential to assist decision-makers in the process of defining priorities for CE planning, implementation and monitoring. This study focusing on CE practices in central public sector organisations contributes to the calls for an inclusion of human/socially-based practices centred around consumption reduction, sharing and dematerialisation activities to enhance the transformative and innovative potential of CE.

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“…The connotation of sustainable utilization of cultivated land under the guidance of sustainable development theory mainly includes two aspects: making use of cultivated land, creating wealth and promoting economic development; and improving ecological environment to meet the needs of human survival from the perspective of taking into account the interests of future generations. The concept of circular economy produced in the evolution process of the contradiction between man and nature, is to implement the management and regulation of "reducing, reusing and recycling" of the resource flow mode in social production and reproduction activities, which is a new economic development model with high ecological efficiency [45]. Agricultural circular economy builds agricultural development on the harmonious coexistence with the environment.…”

Section: Study Areamentioning

confidence: 99%

Green Transition of Cultivated Land Use in the Yellow River Basin: A Perspective of Green Utilization Efficiency Evaluation

Sun

et al. 2020

Land

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Exploring the green transition of cultivated land use from the perspective of green utilization efficiency evaluation has become an important content of deepening the study of cultivated land use transition, which is of great significance to promote food security and ecological civilization construction. At present, there are few studies on the green utilization efficiency of cultivated land (GUECL), which covers the comprehensive benefits of economy, ecology and society, combined with the requirements of ecological civilization and green development. Taking 65 cities (regions and autonomous prefectures) of the Yellow River Basin as the basic evaluation unit, the GUECL of the Yellow River Basin is evaluated with a Super-SBM model. In general, the GUECL of the Yellow River Basin was not high at four time points of 2000, 2006, 2012 and 2018, which presents a trend of “rising first and then falling”. Analyzing its temporal and spatial evolution pattern, the GUECL in the upper, middle and lower reaches presented an order of the upper reaches area > the lower reaches area > the middle reaches area; and the spatial variation trend showed a decrease from west to east, and a U-shaped change in the south-north direction. Using spatial correlation analysis, except for the year 2000, the GUECL in the Yellow River Basin presents a general distribution characteristic of spatial agglomeration, which is positively correlated in 2006, 2012 and 2018. The change of spatio-temporal pattern is the result of internal and external factors. The former mainly displays in the main characteristics of farmers, family characteristics and farmers’ cognition, while the latter is reflected in natural, social and policy factors.

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The battle of the buzzwords: A comparative review of the circular economy and the sharing economy concepts

Cited by 113 publications

References 128 publications

Bartering: Price-Setting Newsvendor Problem with Barter Exchange

Bartering: Price-Setting Newsvendor Problem with Barter Exchange

Advancing the Circular Economy in Public Sector Organisations: Employees’ Perspectives on Practices

Green Transition of Cultivated Land Use in the Yellow River Basin: A Perspective of Green Utilization Efficiency Evaluation

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