Yili Hong

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    Study shows that on-demand ride sharing mitigates traffic congestion

Study shows that on-demand ride sharing mitigates traffic congestion

110 Freeway @ Rush Hour, by Prayitno, under a CC-BY-2.0 licence
Digital platforms bring together buyers and sellers for transactions of various types. Such a platform economy has been booming over the last few years. Years ago, we witnessed the success of traditional platforms (e.g., eBay and Taobao) that facilitate transactions of physical products. We call these “Platform Economy 1.0.” More recently, […]

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    Online job auctions are more successful when bids are open for all to see

Online job auctions are more successful when bids are open for all to see

The “gig” economy is here. Companies like Freelancer.com and Upwork connect millions of freelancers with employers for on-demand work. According to a national survey conducted by research firm Edelman Berland in partnership with Upwork, 34 million people in the U.S. — approximately one in three workers — now work as freelancers. Those freelancers work as software developers, graphical designers, […]