- Engaged full time
- Engaged part time
- Freelance (i.e. somehow the work and the worker find each other)
I would argue that [1] and [2] are a special case of [3], wherein [3] just runs in a loop and the extra overhead of performing the search and matching are avoided, hence gaining some efficiency as a result of eliding the constant extra cost of running the matching algorithm.
[3] Is the purest (in some way) of being engaged, but some industries (such as the bollywood music industry) are more conducive to this model compared to something like a person working in a factory (either churning out tangible goods or code, etc...) (please pardon the phrase "factory" since some of you might be offended, and you should be since not all code is created equal; a lot of code is also a work of art). I'm ignoring some of the things that come with being employed full (or part) time such as health insurance, etc... since I want to focus on the most important aspect of employment, which in my opinion is impact and engagement.
Why is it that some industries have a preference for a certain model and others prefer another model?
Is it in the best interests of both parties to gravitate towards the most flexible model in most situations?
Which situations require that less flexible models thrive and are conducive to a more long term contractual type of engagement setting?
Which situations require that more flexible models thrive and are conducive to a more short term freelance type of engagement setting?