# Prof. Arun Sundararajan on the need for a sharing economy "safe harbor"

1 Faculty News August 25, 2013 ![Crain's New York logo](/sites/default/files/styles/246w/public/assets/images/con_031171.jpg?itok=74z5O7mn)>

Excerpt from [Crain's New York Business](http://www.crainsnewyork.com/article/20130825/ECONOMY/308259963) -- "'There's a whole government structure that has evolved to handle this analog way of sharing,' said [Arun Sundararajan](http://w4.stern.nyu.edu/faculty/bio/arun-sundararajan), a professor at New York University's Stern School of Business who has written on the peer-to-peer economy. 'The complexity of the city is greater. But the need and demand \[for sharing services\] is also greater, and whether we'll lead the way or it will take longer \[to adapt\] depends on which of these forces dominate.'"

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