Barter, Game Theory And The Sharing Economy

Hacking Trump’s Tariffs

The most creative among us are seeking ways to transcend Trump’s Tariffs. One way to do this is through the sharing economy.

The sharing economy is a socio-economic system whereby consumers share in the:

• creation,
• production,
• distribution,
• trade…and consumption of goods, and services.

These templates take many forms. They often leverage information technology and the Internet, particularly digital platforms. Through these they facilitate the:

• distribution,
• sharing
• … and reuse of excess capacity of goods and services.

Many key macro developments led to the growth in the sharing economy. These developments developed from several deep-seated technological, political, economic, social, and societal changes::

• Technological: The growth of AI and E-commerce transformed consumers’ relationships with procuring goods and services. Enabling technologies have made it easy for large networks of people and organizations to transact directly. These include: AI, open data, the ubiquity and low cost of mobile phones, and social media.