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Prof. Arun Sundararajan on regulation in the sharing economy

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Excerpt from US News & World Report -- "I don't think we should make the case that the sharing economy should be completely unregulated, or that it will self-regulate perfectly on its own, but I think it's a good point in time to step back and think about, why do we have regulation on apartments, why do we have regulation on taxi cabs or rental car companies in the first place, and what are the things that the regulators used to do ensuring safety...which parts of these were being done by the marketplace themselves, and which parts do the regulators need to step in for?"

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