Online Labor Markets

  • John J. Horton
Conference paper

DOI: 10.1007/978-3-642-17572-5_45

Part of the Lecture Notes in Computer Science book series (LNCS, volume 6484)
Cite this paper as:
Horton J.J. (2010) Online Labor Markets. In: Saberi A. (eds) Internet and Network Economics. WINE 2010. Lecture Notes in Computer Science, vol 6484. Springer, Berlin, Heidelberg

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.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2010

Authors and Affiliations

  • John J. Horton
    • 1
  1. 1.Harvard UniversityCambridgeUSA

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