Difference between revisions of "Daemo as a perfect information market"
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| − | Online labor markets consist of : Workers, requesters and platform creators, requesters pay money in exchange for a product ( tasks ). | + | Online labor markets consist of : Workers, requesters and platform creators, requesters pay money in exchange for a product ( tasks ). |
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| + | To build a perfect information market, we should optimize the following : | ||
Revision as of 09:26, 5 November 2016
Introduction
Perfect information is the assumption that “ With perfect information in a market, all consumers and producers are assumed to have perfect knowledge of price, utility, quality and production methods of products”.
Online labor markets consist of : Workers, requesters and platform creators, requesters pay money in exchange for a product ( tasks ).
To build a perfect information market, we should optimize the following :
Information between workers and Requesters : Reputation of workers, quality of tasks description, priority of taskfeed. and estimated time to finish tasks.
Information flow from the platform side to workers and requesters :
Regulations and policies
Terms and conditions
Statistics and numbers about the platform
Meetings and decisions
Constitution
Relevant work
Accounting for Market Frictions and Power Asymmetries in Online Labor Markets [1]
Online Labor Markets [2]
Monopsony and the Crowd: Labor for Lemons? [3]
