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Exploring Consumer Motivation to Participate in Sharing Economy

In: Economic Recovery, Consolidation, and Sustainable Growth

Author

Listed:
  • Murat Yildiz

    (Yıldız Technical University)

  • Meral Altan

    (Yıldız Technical University)

Abstract

With the increase in internet and web technologies, the sharing economy has become more popular in recent years. Policymakers and commercialized companies want to lead consumers to the sharing economy. This paper explores the effects of enjoyment, economic benefit, sustainability, and reputation motivations as psychological factors on the intention to participate in the sharing economy. In this context, a survey was conducted on Turkish and Mongolian consumers. In conclusion, we reach the positive effects of enjoyment and sustainability. We did not find the effect of economic utility and reputation on sharing intention. In addition, we performed an independent sampling t-test. As a result of the test, we found that Turkish consumers give more importance to sustainability and Mongolian consumers to enjoyment motives. Sustainability-oriented advertisements should be presented to Turkish consumers and enjoyment-oriented advertisements to Mongolian consumers. In addition to psychological factors, cultural differences can also affect the sustainability of sharing.

Suggested Citation

  • Murat Yildiz & Meral Altan, 2023. "Exploring Consumer Motivation to Participate in Sharing Economy," Springer Proceedings in Business and Economics, in: Abdylmenaf Bexheti & Hyrije Abazi-Alili & Léo-Paul Dana & Veland Ramadani & Andrea Caputo (ed.), Economic Recovery, Consolidation, and Sustainable Growth, pages 25-37, Springer.
  • Handle: RePEc:spr:prbchp:978-3-031-42511-0_2
    DOI: 10.1007/978-3-031-42511-0_2
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