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Latest MIT Analysis Papers Research the Digital Economy, Efficiency Pay
As online platform models gain acceptance, brand brand brand new design and business problems arise, too. Two brand new research documents from MIT Sloan post-doctoral associates examine the appearing electronic economy issues of online market official certification, therefore the financial value of on-demand ride-sharing platforms. A 3rd postdoctoral paper studies the consequence of performance pay on research productivity.
Xiang Hui, talked about electronic market official official Certification, Reputation and Entry, at A november 29, 2017 ide seminar. Making use of e-bay whilst the topic, Hui along with his co-authors studied exactly exactly how quality-certification impacts entry and item quality in markets. Utilizing an insurance policy modification across 400-plus market segments on eBay, they discovered that an even resume writer more certification that is demanding increases entry. In addition, the standard circulation of entrants gain fatter tails. The writers then talked about implications for the style of official certification policies in areas.
More broadly, they even discovered that encouraging and incentivizing top-notch vendors not merely boosts client satisfaction on the working platform, but may be crucial that you financial innovation.
The Case for Ride-Sharing
The rise of ride-sharing platforms has prompted heated debates requiring thorough evaluation of this market to steer policy choices. Meng Liu introduced her findings on Demand and Consumer Surplus into the On-demand Economy: the full case of Ride Sharing, during the IDE seminar also. Continue reading