# In a live interview, Professor Arun Sundararajan explains why trust is a crucial component of collaborative economies; his book, "The Sharing Economy," is referenced

1 Faculty News October 12, 2019 ![24 Horas logo](/sites/default/files/styles/246w/public/assets/images/24horas192x144.jpg?itok=clpl6yD9)>

Excerpt from [24 Horas](https://www.24horas.cl/economia/economista-arun-sandrarajan-las-crisis-son-amigas-de-las-economias-colaborativas-3653712) -- “‘I think part of the reason that trust in traditional institutions is falling is because people are getting used to using a different source of trust in their everyday economic activities… I think it’s very important to note that although we are basing a lot of the collaborative economy on digital trust systems, these can not exist in isolation.’”

[Watch the Video](https://www.24horas.cl/economia/economista-arun-sandrarajan-las-crisis-son-amigas-de-las-economias-colaborativas-3653712)