# Prof. Arun Sundararajan's research on the economic impact of the sharing economy is featured

1 Faculty News April 22, 2015 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025699.jpg?itok=5SpaxEbn)>

Excerpt from [Financial Times](http://www.ft.com/intl/cms/s/2/7afde9b0-d95a-11e4-a8f1-00144feab7de.html#axzz3Y20fFVHx) -- "Although the research was designed to develop an economic model to predict the effect of peer-to-peer lending, it has highlighted clear benefits for society as well. 'It \[peer-to-peer lending\] has got a democratising effect on access to nice stuff,' says [Prof Sundararajan](http://www.stern.nyu.edu/faculty/bio/arun-sundararajan). 'You are democratising access to a higher standard of living.'"

[Read more](http://www.ft.com/intl/cms/s/2/7afde9b0-d95a-11e4-a8f1-00144feab7de.html#axzz3Y20fFVHx)