Monophony in online labor markets (Record no. 514430)

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fixed length control field 01220nam a22001577a 4500
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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
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Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2020-11-02 2(1), Mar, 2020: p.33-46 AR123434 2020-11-02 Articles

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