Online Marketplace Characteristics for Freelance Designers

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The Value of Reputation in an Online Freelance Marketplace

Online freelance marketplaces are websites that match buyers of electronically deliverable services with freelancers. While freelancing has grown in recent years, it faces the classic ‘information asymmetry’ problem – buyers face uncertainty over seller quality. Typically, these markets use reputation systems to alleviate this issue, but the effectiveness of these systems is open to debate. We ...

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1 Details of Second-Step Estimation All the estimates from state transitions (θp, θg, θt), ηis, and non-parametric joint distributions of bid attributes are assumed to be known at this point, i.e., consistent estimates of these parameters and distributions from Step 1 are used. Throughout we estimate CCPs using weighted nested logits that are flexible functions of {xit, η̂i, si}. When doing so, ...

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ژورنال

عنوان ژورنال: KnE Social Sciences

سال: 2020

ISSN: 2518-668X

DOI: 10.18502/kss.v4i4.6499