Faculty News

Professor Arun Sundararajan on the value of the sharing economy

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Excerpt from Bloomberg -- "Because there’s no precise definition of what’s included in the sharing economy, pinpointing its size is tough. According to a 2014 study by PricewaterhouseCoopers LLP, the sector had $15 billion in annual revenues in 2013, which could grow to $335 billion by 2025. Arun Sundararajan, a professor at New York University’s Leonard N. Stern School of Business who researches the sharing economy, puts that number anywhere between $150 billion and $1 trillion in a 'few' years’ time."

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