# Prof. Arun Sundararajan explains the benefits of the sharing economy

1 Faculty News April 26, 2014 ![](/sites/default/files/styles/246w/public/assets/images/con_047598.jpg?itok=A8MnHFay)>

Excerpt from [St. Louis Post-Dispatch](http://www.stltoday.com/business/columns/david-nicklaus/regulators-aren-t-playing-nice-with-the-sharing-economy/article_a59f2e25-a0b0-51c2-ad05-fe322ca8f7d0.html) -- “'It’s really expansive for the economy,' \[[Sundararajan](http://www.stern.nyu.edu/faculty/bio/arun-sundararajan)\] says. 'You’re creating greater variety and you’re using resources more productively. Cities need to recognize that this is good for the local economy.'”

[Read more](http://www.stltoday.com/business/columns/david-nicklaus/regulators-aren-t-playing-nice-with-the-sharing-economy/article_a59f2e25-a0b0-51c2-ad05-fe322ca8f7d0.html)