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Who Should price a Gig? - Coggle Diagram
Who Should price a Gig?
The big challenge
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Controlling the prices
If platforms control prices, it can lead to unintended consequences
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Problems
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With solution 2: demand and supply don't match, inequity btw providers --> low price = low quality
With solution 3: lake of market information from customers + decline in overall quality of service/goods and potential growth
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Government intervention
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The European Union: if a platform sets upper limits for pay, it is considered as an employer