Multiattribute Supply and Demand Matching Decision Model for Online-Listed Rental Housing: An Empirical Study Based on Shanghai

The mismatch between the supply and demand of online-listed rental housing (ORH) is an important factor restricting the operational efficiency of online rental service platforms. However, extant literature pays little attention to this problem. This study proposes an ORH multiattribute supply and de...

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Main Authors: Lingyan Li, Jiangying An, Yan Li, Xiaotong Guo
Format: Article
Language:English
Published: Hindawi Limited 2020-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2020/4827503
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spelling doaj-25a2c3f1754e4333ae96de7a233d106d2020-11-25T03:03:35ZengHindawi LimitedDiscrete Dynamics in Nature and Society1026-02261607-887X2020-01-01202010.1155/2020/48275034827503Multiattribute Supply and Demand Matching Decision Model for Online-Listed Rental Housing: An Empirical Study Based on ShanghaiLingyan Li0Jiangying An1Yan Li2Xiaotong Guo3School of Management, Xi’an University of Architecture and Technology, Xi’an 710055, ChinaSchool of Management, Xi’an University of Architecture and Technology, Xi’an 710055, ChinaSchool of Management, Xi’an Polytechnic University, Xi’an 710048, ChinaSchool of Management, Xi’an University of Architecture and Technology, Xi’an 710055, ChinaThe mismatch between the supply and demand of online-listed rental housing (ORH) is an important factor restricting the operational efficiency of online rental service platforms. However, extant literature pays little attention to this problem. This study proposes an ORH multiattribute supply and demand matching decision model based on the perceived utility of matching both sides of this market. The model considers the multiattribute information of ORH, such as area, transportation, rent, room, and interior decoration, and quantifies their perceived utility values based on the theory of disappointment. Thereafter, we construct the matching decision model and verify it for feasibility by applying it to Shanghai’s ORH supply and demand information—our empirical case. The results show that this method can be applied to online rental housing platforms and meet the supply and demand matching requirements to the greatest extent. The constructed model takes into account the perceptions of both supply and demand parties, may promote the effective matching of ORH supply and demand, and bears theoretical implications for the improvement of rental housing matching in ORH platforms.http://dx.doi.org/10.1155/2020/4827503
collection DOAJ
language English
format Article
sources DOAJ
author Lingyan Li
Jiangying An
Yan Li
Xiaotong Guo
spellingShingle Lingyan Li
Jiangying An
Yan Li
Xiaotong Guo
Multiattribute Supply and Demand Matching Decision Model for Online-Listed Rental Housing: An Empirical Study Based on Shanghai
Discrete Dynamics in Nature and Society
author_facet Lingyan Li
Jiangying An
Yan Li
Xiaotong Guo
author_sort Lingyan Li
title Multiattribute Supply and Demand Matching Decision Model for Online-Listed Rental Housing: An Empirical Study Based on Shanghai
title_short Multiattribute Supply and Demand Matching Decision Model for Online-Listed Rental Housing: An Empirical Study Based on Shanghai
title_full Multiattribute Supply and Demand Matching Decision Model for Online-Listed Rental Housing: An Empirical Study Based on Shanghai
title_fullStr Multiattribute Supply and Demand Matching Decision Model for Online-Listed Rental Housing: An Empirical Study Based on Shanghai
title_full_unstemmed Multiattribute Supply and Demand Matching Decision Model for Online-Listed Rental Housing: An Empirical Study Based on Shanghai
title_sort multiattribute supply and demand matching decision model for online-listed rental housing: an empirical study based on shanghai
publisher Hindawi Limited
series Discrete Dynamics in Nature and Society
issn 1026-0226
1607-887X
publishDate 2020-01-01
description The mismatch between the supply and demand of online-listed rental housing (ORH) is an important factor restricting the operational efficiency of online rental service platforms. However, extant literature pays little attention to this problem. This study proposes an ORH multiattribute supply and demand matching decision model based on the perceived utility of matching both sides of this market. The model considers the multiattribute information of ORH, such as area, transportation, rent, room, and interior decoration, and quantifies their perceived utility values based on the theory of disappointment. Thereafter, we construct the matching decision model and verify it for feasibility by applying it to Shanghai’s ORH supply and demand information—our empirical case. The results show that this method can be applied to online rental housing platforms and meet the supply and demand matching requirements to the greatest extent. The constructed model takes into account the perceptions of both supply and demand parties, may promote the effective matching of ORH supply and demand, and bears theoretical implications for the improvement of rental housing matching in ORH platforms.
url http://dx.doi.org/10.1155/2020/4827503
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AT yanli multiattributesupplyanddemandmatchingdecisionmodelforonlinelistedrentalhousinganempiricalstudybasedonshanghai
AT xiaotongguo multiattributesupplyanddemandmatchingdecisionmodelforonlinelistedrentalhousinganempiricalstudybasedonshanghai
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