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Two-sided platforms are typically plagued with asymmetric information, limiting market efficiency. Situated in the context of the increasingly popular online platforms for labor contracting (herein referred to as “online labor markets”), this paper investigates whether the implementation of...
Persistent link: https://www.econbiz.de/10012968033
Two-sided online platforms are typically plagued with hidden information (adverse selection) and hidden actions (moral hazard), limiting market efficiency. Situated in the context of the increasingly popular online platforms for labor contracting (herein referred to as “online labor...
Persistent link: https://www.econbiz.de/10012968167
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We design a series of online performance feedback interventions that aim to motivate the production of user-generated content (UGC). Drawing on social value orientation (SVO) theory, we develop a novel set of alternative feedback message framings, aligned with cooperation (i.e., your content...
Persistent link: https://www.econbiz.de/10012955958
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We study a two-stage model in which the agent's ability is initially unknown to any party, but the principal can choose a pre-hire screening scheme to discover the agent's ability before offering a contract. Perfect screening enables the principal to fine-tune the contract to the agent's...
Persistent link: https://www.econbiz.de/10012929679