Smarter Crowdwork by Applying Smart Contracts? European Conference on Information Systems
A. Hupe, and U. Bretschneider. European Conference on Information Systems (ECIS), Kristiansand, Norway, (2023)
Abstract
Crowdworking is characterized by flexibly engaging a workforce that is recruited for only one task. After the task is completed, the crowdworker and the company do not collaborate anymore. To identify the best-suited crowdwoker for a certain task, crowd working platform providers offer different tools to match both parties. Matching a crowdworker with the required skills for a task is an important factor to complete a crowdworking campaign successfully. As of today, the principal agent theorem and high transaction costs decrease the effectiveness of such campaigns due to information asymmetries between crodworkers and crowdsourcers. Based on a qualitative approach, we structurally develop a currently existing crowdworking campaign process. We then theoretically analyze how smart contracts can support and simplify the identified process while reducing the challenges of transaction cost economics and the principal agent theorem.
%0 Conference Paper
%1 ls_leimeister
%A Hupe, Anna
%A Bretschneider, Ulrich
%B European Conference on Information Systems (ECIS)
%C Kristiansand, Norway
%D 2023
%K Crowdworking_Process Information_Asymmetry Principal_Agent_Problem Smart_Contracts itegpub pub_ahu pub_ubr
%T Smarter Crowdwork by Applying Smart Contracts? European Conference on Information Systems
%U http://pubs.wi-kassel.de/wp-content/uploads/2023/06/JML_935.pdf
%X Crowdworking is characterized by flexibly engaging a workforce that is recruited for only one task. After the task is completed, the crowdworker and the company do not collaborate anymore. To identify the best-suited crowdwoker for a certain task, crowd working platform providers offer different tools to match both parties. Matching a crowdworker with the required skills for a task is an important factor to complete a crowdworking campaign successfully. As of today, the principal agent theorem and high transaction costs decrease the effectiveness of such campaigns due to information asymmetries between crodworkers and crowdsourcers. Based on a qualitative approach, we structurally develop a currently existing crowdworking campaign process. We then theoretically analyze how smart contracts can support and simplify the identified process while reducing the challenges of transaction cost economics and the principal agent theorem.
@inproceedings{ls_leimeister,
abstract = {Crowdworking is characterized by flexibly engaging a workforce that is recruited for only one task. After the task is completed, the crowdworker and the company do not collaborate anymore. To identify the best-suited crowdwoker for a certain task, crowd working platform providers offer different tools to match both parties. Matching a crowdworker with the required skills for a task is an important factor to complete a crowdworking campaign successfully. As of today, the principal agent theorem and high transaction costs decrease the effectiveness of such campaigns due to information asymmetries between crodworkers and crowdsourcers. Based on a qualitative approach, we structurally develop a currently existing crowdworking campaign process. We then theoretically analyze how smart contracts can support and simplify the identified process while reducing the challenges of transaction cost economics and the principal agent theorem.},
added-at = {2023-04-24T10:56:00.000+0200},
address = {Kristiansand, Norway},
author = {Hupe, Anna and Bretschneider, Ulrich},
biburl = {https://www.bibsonomy.org/bibtex/2312700d122dbf17934923ae219cb7450/ls_leimeister},
booktitle = {European Conference on Information Systems (ECIS)},
eventdate = {11-16 Jun},
eventtitle = {European Conference on Information Systems (ECIS)},
interhash = {d6d08f1089134215a878ad0305fe6e3c},
intrahash = {312700d122dbf17934923ae219cb7450},
keywords = {Crowdworking_Process Information_Asymmetry Principal_Agent_Problem Smart_Contracts itegpub pub_ahu pub_ubr},
language = {English},
timestamp = {2023-06-16T13:08:37.000+0200},
title = {Smarter Crowdwork by Applying Smart Contracts? European Conference on Information Systems},
url = {http://pubs.wi-kassel.de/wp-content/uploads/2023/06/JML_935.pdf},
venue = {Kristiansand, Norway},
year = 2023
}