Online Labor Markets

Horton, John J.

doi:10.2139/ssrn.1689743

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Online Labor Markets

The 6th Workshop on Internet and Network Economics (WINE), 2010

8 Pages Posted: 10 Oct 2010

See all articles by John J. Horton

John J. Horton

New York University (NYU) - Department of Information, Operations, and Management Sciences; Massachusetts Institute of Technology (MIT)

Date Written: October 8, 2010

Abstract

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.

Keywords: Online Labor Markets, Electronic Commerce

JEL Classification: J00, J49

Suggested Citation: Suggested Citation

Horton, John J., Online Labor Markets (October 8, 2010). The 6th Workshop on Internet and Network Economics (WINE), 2010, Available at SSRN: https://ssrn.com/abstract=1689743 or http://dx.doi.org/10.2139/ssrn.1689743