IDEAS home Printed from https://ideas.repec.org/a/kap/netnom/v1y1999i1p71-88.html
   My bibliography  Save this article

Jobs on the wire: In search of the perfect labor market

Author

Listed:
  • Hanno Beck

Abstract

The Internet as the most recent development in communication technology might dramatically reduce transaction costs and thereby lead to the emergence of a nearly perfect market. This would have drastic implications for labor markets and the social security system. In the first part of the paper, the influence of the Internet on transaction costs is examined. It is shown that the Internet will not necessarily lead to a decrease of transaction costs. Therefore, it is not clear whether the Internet will promote a perfect labor market. Moreover, it is shown that an outsourcing to the Internet will only take place for certain jobs which can be easily standardised. The second part of the paper shows what an Internet‐based labor market may look like. To show this, the model of monopolistic competition is used. A result of these considerations is that an increased outsourcing to the Internet may lead to a kind of association of freelancers. Copyright Kluwer Academic Publishers 1999

Suggested Citation

  • Hanno Beck, 1999. "Jobs on the wire: In search of the perfect labor market," Netnomics, Springer, vol. 1(1), pages 71-88, October.
    • Handle: RePEc:kap:netnom:v:1:y:1999:i:1:p:71-88
    DOI: 10.1023/A:1011497604556
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1023/A:1011497604556
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1023/A:1011497604556?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hanno Beck, 2001. "Banking is essential, banks are not. The future of financial intermediation in the age of the Internet," Netnomics, Springer, vol. 3(1), pages 7-22, June.
    2. Evangelos Mourelatos & Manolis Tzagarakis, 2018. "An investigation of factors affecting the visits of online crowdsourcing and labor platforms," Netnomics, Springer, vol. 19(3), pages 95-130, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:netnom:v:1:y:1999:i:1:p:71-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.