Information in online labour markets

Adeline Pelletier and Catherine Thomas

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

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.

Keywords: services trade; trade in tasks; ICT; labour markets; information frictions (search for similar items in EconPapers)
JEL-codes: J1 J50 (search for similar items in EconPapers)
Date: 2018-07-02
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Published in Oxford Review of Economic Policy, 2, July, 2018, 34(3), pp. 376-392. ISSN: 0266-903X

Downloads: (external link)
http://eprints.lse.ac.uk/90012/ Open access version. (application/pdf)

Related works:
Journal Article: Information in online labour markets (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:90012

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().