# Prof. Arun Sundararajan explains how the sharing economy might reduce inequality

1 Faculty News August 5, 2014 ![](/sites/default/files/styles/246w/public/assets/images/socialterlogo.jpg?itok=u2hxDaQT)>

Excerpt from [Socialter](http://oz.stern.nyu.edu/socialter-cover-story.pdf) -- "Even though they are privately owned companies, sharing economy platforms are already sharing more of the value they create with their users than traditional companies would do: suppliers typically receive between 85% and 95% of the amount of the transaction. It is already a step in the right direction."

[Read more](http://oz.stern.nyu.edu/socialter-cover-story.pdf)