# Prof. Arun Sundararajan discusses the regulatory challenges of the sharing economy

1 Faculty News January 29, 2015 ![TIME logo](/sites/default/files/styles/246w/public/assets/images/uat_025660.jpg?itok=PFxttUnQ)>

Excerpt from [TIME](http://time.com/3687305/testing-the-sharing-economy/) -- "'One hundred years ago there wasn’t a clear line between someone who ran a hotel and someone who let people stay in their homes. It was much more fluid,' says [Arun Sundararajan](http://www.stern.nyu.edu/faculty/bio/arun-sundararajan), a professor at New York University Stern School of Business who studies the sharing economy. 'Then we drew clear lines between people who did something for a living and people who did it casually not for money. Airbnb and Lyft are blurring these lines.'"

[Read more](http://time.com/3687305/testing-the-sharing-economy/)