| 000 -LEADER |
| fixed length control field |
01220nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
201102b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Dube, Arindrajit, et al |
| 245 ## - TITLE STATEMENT |
| Title |
Monophony in online labor markets |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
The American Economic Review Insights |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
2(1), Mar, 2020: p.33-46 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
Despite the seemingly low switching and search costs of on-demand labor markets like Amazon Mechanical Turk, we find substantial monopsony power, as measured by the elasticity of labor supply facing the requester (employer). We isolate plausibly exogenous variation in rewards using a double machine learning estimator applied to a large dataset of scraped MTurk tasks. We also reanalyze data from five MTurk experiments that randomized payments to obtain corresponding experimental estimates. Both approaches yield uniformly low labor supply elasticities, around 0.1, with little heterogeneity. Our results suggest monopsony might also be present even in putatively "thick" labor markets.- Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
International Trade Organizations, Health Behavior |
| 9 (RLIN) |
20744 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
The American Economic Review Insights |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
TRADE POLICY - UNITED STATES |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |