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Disruption and the matching market for new multifamily housing in Melbourne, Australia
Journal of General Management Pub Date : 2019-04-01 , DOI: 10.1177/0306307018824230
Andrea Gayle Sharam 1
Affiliation  

A key area of system impact of the fourth industrial revolution (4IR) is the radical improvement in the functioning of matching markets. Matching markets are markets in which agents seek to be paired with someone or something with the criteria for matching often highly specific. Traditionally, the cost and difficulty in matching means many of these markets have not functioned well. Uber and Airbnb are examples of new matching market matchmakers that have been ‘turbo-charged’ by new digital technologies, resulting in what Parker et al. describe as a ‘platform revolution’. In this article, we examine the traditional, but poorly functioning, matching market for new multifamily housing development in Melbourne, Australia, and the potential for disruption offered by a new platform, Nightingale Housing Ltd. (NHL). Improved matching has been critical to the model and the Internet has been central to this. The NHL model has the potential for systems impact as outlined by Schwab in his conception of 4IR.

中文翻译:

澳大利亚墨尔本新建多户住宅的中断与匹配市场

第四次工业革命 (4IR) 系统影响的一个关键领域是匹配市场运作的根本改善。匹配市场是代理商寻求与某人或某物配对的市场,匹配标准通常非常具体。传统上,匹配的成本和难度意味着许多这些市场运作不佳。优步和 Airbnb 是新的匹配市场媒人的例子,它们被新的数字技术“涡轮增压”,导致帕克等人。形容为“平台革命”。在本文中,我们研究了澳大利亚墨尔本新的多户住宅开发的传统但运作不佳的匹配市场,以及新平台 Nightingale Housing Ltd. (NHL) 提供的破坏潜力。改进匹配对模型至关重要,而互联网则是其中的核心。正如施瓦布在其 4IR 概念中所概述的那样,NHL 模型具有产生系统影响的潜力。
更新日期:2019-04-01
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