Conceptualising the peer-to-peer second-hand practice-as-entity

Abstract

The peer-to-peer (P2P) economy is an emerging economic model where people can buy and sell, trade and share products and services with strangers online. The social interactions and the economic transactions are facilitated by digital platforms. It is believed that this model may contribute to sustainable development by extending the lifespan of existing products. Previous research has examined the motivations for individuals to participate in the P2P economy, including environmental, social, and economic factors. However, there remains a lack of theoretical consensus and comprehensive conceptualisations of the P2P economy as a whole. In light of previous conceptualisations and our own empirical research, this paper aims to provide a framework for the P2P second-hand practice-as-entity, drawing upon Social Practice Theory (SPT). Based on our empirical inquiries, the developed framework highlights that the P2P second-hand practice-as-entity comprises two main sub-practices, each characterised by shared and non-shared materials, meanings, and competencies. The paper thus has mainly theoretical implications, but also provides a more structured and holistic understanding of how the P2P second-hand economy operates, which is valuable for policymakers and practitioners attempting to promote the economic model for sustainable consumption.

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