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

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It raises average vehicle occupancy, decreases the number of cars on the road and reduces car ownership, writes Yili Hong.

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 […]

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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

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Open-bid auctions are more likely to result in a contract, write Yili Hong and Paul A. Pavlou.

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 […]

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