PDF9 pages Revenue management Price discrimination Reputation
I consider the optimal pricing problem faced by a freelance worker on an on-demand labor platform. Service requests arriving while the worker is busy are lost forever. Thus an hourly (or per-unit-time in general) pricing strategy appropriately captures the opportunity cost of accepting a job. With the view of improving capacity utilization in the f...
PDF9 pages SAGE Library science Sociology
main.report Issue: The Gig Economy The Gig Economy By: Damon Brown Pub. Date: June 26, 2017 Access Date: July 1, 2017 DOI: 10.1177/237455680319.n1 Source URL: http://businessresearcher.sagepub.com/sbr-1863-103233-2807569/20170626/the-gig-economy ©2017 SAGE Publishing, Inc. All Rights Reserved. http://businessresearcher.sagepub.com/sbr-1863-103233-...
PDF10 pages Economic inequality Labour economics Economics
Excerpt] On-demand platform work, like other forms of contingent and temporary employment, destabilizes industries, undermines worker protections and living standards, and significantly contributes to wealth and income inequality.
PDF10 pages Entrepreneurship Human capital Self-employment
2017 Vol. 11 No 4 FORESIGHT AND STI GOVERNANCE 23 Professor, Department of Sociology, Dieter.Boegenhold@aau.at Dieter Bögenhold Abstract In the framework of changing contextual factors, this paper deals with one-person enterprises as the smallest units of entrepreneurial companies, which already represent more than 50% of Austrian companies. Withi...
PDF10 pages New Economic Policy Dynamic efficiency Recession
2019 Vol. 13 No 3 FORESIGHT AND STI GOVERNANCE 13 Professor, Department of Public Administration, seskim@hufs.ac.kr Seong Soo Kim Abstract After several decades of rapid development, South Korea has recently experienced a critical economic downturn. The paper considers the prerequisites for the current state-of-the-art, as well as the new economic...
PDF10 pages Man-Computer Symbiosis Conceptualization Intelligent decision support system
The vision of a symbiotic partnership between humans and machines has existed since the 1960s. With this paper we provide the first conceptualization of the human-machine symbiosis (HMS) and make three important contributions: we present the fundamentals of HMS by focusing on objectives, requirements, and boundaries; we propose a framework for the ...
PDF10 pages Workforce Environmental resource management Engineering
Since the Great Recession, twenty-five megacities, high-growth hubs, and their peripheries have spurred the majority of job growth in the United States. At the same time, a substantial number of rural counties (home to 25% of the U.S. population) suffer from older and smaller workforces, increasing unemployment, and a less educated citizenry. Incre...
PDF10 pages Perceived organizational support Conceptual model Knowledge management
Organizational support theory proposes that employees develop global beliefs concerning the degree to which an organization values their contributions and cares about their well-being. These beliefs, known as perceived organizational support (POS), are related to a number of positive employee outcomes, including: job satisfaction, work effort, perf...
PDF10 pages Grassroots Sustainability Social movement
Informal workers produce economic, social, and environmental value for cities. Too often, policy elites, including those promoting sustainable cities, overlook this value, proposing formalization and relying on deficit-based framings of informal work. In this perspective piece, we bring critical research and community-produced knowledge about inform...
PDF10 pages Reputation Social relation Economic system
Two-sided markets are gaining increasing importance. Examples include accommodation and car sharing, resale, shared mobility, crowd work, and many more. As these businesses rely on transactions among users, central aspects to virtually all platforms are the creation and maintenance of trust. While research has considered effects of trust-building o...
PDF10 pages New economy Strategic thinking Outsourcing
With recent downsizing of talented professionals and the power of globalization to provide opportunities for more underdeveloped countries, the gig economy is a source of influence in today’s generation of professionals. Online outsourcing media have shown to be valuable resources for companies who need a specific set of skills for a limited period...
PDF10 pages European union General Data Protection Regulation Data Protection Act 1998
The European Union faces the fourth industrial revolution and the digital single market with the unification of the legal status for personal data protection sought by the General Data Protection Regulation (EU) 2016/679. This legal unification is more theoretical than real, since formal aspects of the regulation and the content materials of the fu...
PDF10 pages Sharing economy Empirical research Flexicurity
Firms in the sharing economy typically offer higher flexibility but lower security of working conditions. In response to challenges from suppliers and policy makers, several platform companies are reconsidering their approach. This study examines the effects of offering sharing economy suppliers a menu of contract options, differentiated by varying...
PDF11 pages Collective bargaining Public policy Fundamental rights
This paper aims to indicate the key issues yielding to explain why a regulatory framework and correct policy responses are needed for what here we define as a platform ‘society’ and to identify its key ‘collective’ features. These include the respect of workers’ fundamental rights (i.e. collective bargaining and representation) as well as they incl...
PDF11 pages Economic system Business Management
The gig economy PAUL OYER Stanford University Graduate School of Business, and NBER, USA, and IZA, Germany The gig economy Non-traditional employment is a great opportunity for many, but it won’t replace traditional employment Keywords: gig economy, independent workers, flexibility The gig economy. IZA World of Labor 2020: 471 doi: 10.15185/izawol...
PDF11 pages Employment discrimination Sharing economy Workforce management
We conduct a study of hiring bias on a simulation platform where we ask Amazon MTurk participants to make hiring decisions for a mathematically intensive task. Our findings suggest hiring biases against Black workers and less attractive workers, and preferences towards Asian workers, female workers and more attractive workers. We also show that cert...
PDF11 pages Sharing economy Willingness to pay Survey data collection
The digital sharing economy has introduced opportunities for economic growth, productivity, and technological innovation. However, the adoption of sharing economy applications may be inaccessible to certain demographics, including older adults, low-income adults, and individuals who are not college educated. This research investigates how the demog...
PDF12 pages Wage Participation constraint Expected utility hypothesis
The gig economy, where employees take short-term, project-based jobs, is increasingly spreading all over the world. In this paper, we investigate the employer’s and the worker’s behavior in the gig economy with a dynamic principal-agent model. In our proposed model the worker’s previous decisions influence his later decisions through his dynamically...
PDF12 pages Sharing economy Open innovation Economic system
The sharing economy is emerging as one of the hottest issues of the Fourth Industrial Revolution. The ownership paradigm was dominant during the First and Second Industrial Revolutions, so the formation of the sharing economy was almost non-existent, but it has grown to 5% of the global GDP during the Third Industrial Revolution as the sharing para...
PDF12 pages Sharing economy Service provider Business
How Should We Tax the Sharing Economy? Walking out of the airport lobby and getting into an Uber car booked through an app on a smartphone, hiring a handyman through the TaskRabbit website to repair a leaking kitchen sink, searching vacation rental accommodations on Airbnb—none of these functions was possible a decade ago. Yet today, with the deve...