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Information in online labour markets

Pelletier, Adeline and Thomas, Catherine (2018) Information in online labour markets. Oxford Review of Economic Policy, 34 (3). pp. 376-392. ISSN 0266-903X

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Identification Number: 10.1093/oxrep/gry005

Abstract

Online labour markets are virtual platforms that solve information problems to enable gains from trade in remote labour services. They make employers and workers aware of each other, and allow them to communicate, contract, and produce remotely. Recent research suggests, however, that organizing production to include remote work remains challenging because employers and workers in these markets continue to lack information that is less easily communicated. Employers appear unable to accurately anticipate the full costs and benefits to them of using the market prior to entry, and continue to have difficulty evaluating worker applications even when experienced in these markets. Information is particularly incomplete when wage arbitrage opportunity is greatest.

Item Type: Article
Official URL: https://academic.oup.com/oxrep
Additional Information: © 2018 The Authors
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Sets: Departments > Management
Date Deposited: 17 Aug 2018 11:37
Last Modified: 17 Aug 2018 11:42
URI: http://eprints.lse.ac.uk/id/eprint/90012

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