Faculty News

Professor Arun Sundararajan shares insights on different sharing economy platforms and their markets

Excerpt from Mashable -- "Services like Uber have strong local network effects, meaning that as they gain traction in New York, they become more valuable in New York. But gaining traction in New York doesn't do too much for consumers in San Francisco or consumers in Los Angeles. And we've also noticed that drivers are able to connect to multiple platforms pretty seamlessly. Most Uber drivers in New York drive for Lyft or drive for Juno, as well. Or drive for Via or drive for one of the many other platforms. So I think it's becoming clear that the economics as things stand today, largely urban areas, cars driven by human drivers, in that scenario, we're not certainly on our path to one dominant platform because of the natural underlying economics."

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