Online Labor Markets
John J. Horton
New York University (NYU) - Department of Information, Operations, and Management Sciences
October 8, 2010
The 6th Workshop on Internet and Network Economics (WINE), 2010
In recent years, a number of online labor markets have emerged that allow workers from around the world to sell their labor to an equally global pool of buyers. The creators of these markets play the role of labor market intermediary by providing institutional support and remedying informational asymmetries. In this paper, I explore market creators' choices of price structure, price level and investment in platforms. I also discuss competition among markets and the business strategies employed by market creators. The paper concludes with a discussion of the productivity and welfare effects of online labor.
Number of Pages in PDF File: 8
Keywords: Online Labor Markets, Electronic Commerce
JEL Classification: J00, J49
Date posted: October 10, 2010
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