Category Archives: [UPWK] Upwork

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[FVRR, UPWK] Freelance marketplaces

In his seminal paper The Nature of the Firm, Ronald Coase posits that in cases where it is difficult to reliably procure labor or draft and enforce contracts that unambiguously cover the full scope of future activities, a firm will handle production itself rather than rely on arms-length market transactions.  For example, hiring freelancers to […]

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