A sharing economy maximizes the value in non-monetary assets. Innovator Arun Sundararajan, Professor of Information, Operations and Management Sciences at the Stern School of Business, New York University.
FOOD FOR THOUGHT & CONVERSATION
- The Sharing Economy is a new set of businesses that allow us to monetize the physical assets we have e.g. cars, homes, skills, etc. How do you or someone you know participate in a sharing economy, perhaps, without calling it that?
- How willing are you to share your assets with others and make use of theirs?
- Discuss your awareness and/or experience with the Sharing Economy. Examples include: Airbnb—Rental spare rooms, homes, castles; yurts, treehouses, lighthouses platform; Lyft—Ride Broker; Uber–Ride Broker; TaskRabbit—Chore marketplace; Fiverr—Creative and professional services marketplace.
- There is a debate going on about the need for regulation of the Sharing Economy and the unfair treatment of workers in the Sharing Economy. Read and discuss what you learn from the following articles: Robert Reich “Why the Sharing Economy is Harming Workers”; New York Times “Debate on the Sharing Economy”; Entrepreneur.com on Regulation of the Sharing Economy;
- Invite friends, colleagues or community members to view this video with you and host a conversation.
Arun Sundararajan is the NEC Faculty Fellow, Professor of Information, Operations and Management Sciences and a Doctoral Coordinator at the Stern School of Business, NYU. He After receiving his M.S., Management Science & Ph.D., Business Administration from University of Rochester, Professor Sundararajan has served on the editorial boards of MIS Quarterly and Management Science, was the founding co-chair of the NYU Summer Workshop on the Economics of IT and of the Workshop on Information in Networks and is a Senior Editor of the journal Information Systems Research. His research studies digital economics and how information technologies transform business and society focusing on the emergence of digital institutions to facilitate economic and political development, contagion in networks and social media, online privacy, pricing in digital markets and managing digital piracy.