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Booking.com is a virtual two-sided marketplace where guests and accommodation providers are the two distinct stakeholders. They meet to satisfy their respective and different goals. Guests want to be able to choose accommodations from a…

Information Retrieval · Computer Science 2018-02-12 Themis Mavridis , Pablo Estevez , Lucas Bernardi

Airbnb search must balance a worldwide, highly varied supply of homes with guests whose location, amenity, style, and price expectations differ widely. Meeting those expectations hinges on an efficient retrieval stage that surfaces only the…

In this paper, we show how using publicly available data streams and machine learning algorithms one can develop practical data driven services with no input from domain experts as a form of prior knowledge. We report the initial steps…

Computers and Society · Computer Science 2017-04-18 Vahid Moosavi

In the last decade, online customer reviews increasingly exert influence on consumers' decision when booking accommodation online. The renewal importance to the concept of word-of mouth is reflected in the growing interests in investigating…

Applications · Statistics 2019-07-01 Yang Tang , Paul D. McNicholas

Boarding house is the most important requirement, especially for college students who live far away from the city, place of his origin or house. However, the problem we see now is the uneven distribution of study places in Indonesia which…

Computers and Society · Computer Science 2021-01-07 Malik Abdul Aziz , Fahmi Nurrahim , Prastyo Eko Susanto , Yurio Windiatmoko

Understanding tourist visitation patterns is crucial for decision makers in order to create smart tourism industry. A growing body of tourism research uses geo-location data in order to better understand tourism demand. In this paper, we…

Social and Information Networks · Computer Science 2021-10-22 Damjan Vavpotič , Karmen Knavs , Ljubica Knežević Cvelbar

Ride-sharing platforms like Uber market themselves as enabling `flexibility' for their workforce, meaning that drivers are expected to anticipate when and where the algorithm will allocate them jobs, and how well remunerated those jobs will…

Computers and Society · Computer Science 2025-06-19 Reuben Binns , Jake Stein , Siddhartha Datta , Max Van Kleek , Nigel Shadbolt

Housing costs have a significant impact on individuals, families, businesses, and governments. Recently, online companies such as Zillow have developed proprietary systems that provide automated estimates of housing prices without the…

Computers and Society · Computer Science 2018-08-09 Marco De Nadai , Bruno Lepri

Car sharing is one the pillars of a smart transportation infrastructure, as it is expected to reduce traffic congestion, parking demands and pollution in our cities. From the point of view of demand modelling, car sharing is a weak signal…

Computers and Society · Computer Science 2017-08-03 Chiara Boldrini , Raffaele Bruno , Haitam Laarabi

Climate (change) affects the prices of goods and services in different countries or regions differently. Simply relying on aggregate measures or summary statistics, such as the impact of average country temperature changes on HICP headline…

General Economics · Economics 2024-01-09 Paulo M. M. Rodrigues , Mirjam Salish , Nazarii Salish

Thick two-sided matching platforms, such as the room-rental market, face the challenge of showing relevant objects to users to reduce search costs. Many platforms use ranking algorithms to determine the order in which alternatives are shown…

General Economics · Economics 2023-08-29 Caterina Calsamiglia , Laura Doval , Alejandro Robinson-Cortés , Matthew Shum

Demand estimation plays an important role in dynamic pricing where the optimal price can be obtained via maximizing the revenue based on the demand curve. In online hotel booking platform, the demand or occupancy of rooms varies across…

General Economics · Economics 2022-08-12 Fanwei Zhu , Wendong Xiao , Yao Yu , Ziyi Wang , Zulong Chen , Quan Lu , Zemin Liu , Minghui Wu , Shenghua Ni

Machine learning algorithms are increasingly employed to price or value homes for sale, properties for rent, rides for hire, and various other goods and services. Machine learning-based prices are typically generated by complex algorithms…

Theoretical Economics · Economics 2023-02-21 Nikhil Malik , Emaad Manzoor

The goal of Airbnb search is to match guests with the ideal accommodation that fits their travel needs. This is a challenging problem, as popular search locations can have around a hundred thousand available homes, and guests themselves…

We conduct the first rigorous study of electricity price volatility for the full panel of electricity prices across three European generation zones. By interpreting the observed day-ahead prices as local averages of a latent price process…

General Finance · Quantitative Finance 2026-05-14 Thomas K. Kloster , Fred Espen Benth

Power grids are moving towards 100% renewable energy source bulk power grids, and the overall dynamics of power system operations and electricity markets are changing. The electricity markets are not only dispatching resources economically…

Machine Learning · Computer Science 2023-09-13 Milan Jain , Xueqing Sun , Sohom Datta , Abhishek Somani

Reviews of official statistics for UK housing have noted that developments have not kept pace with real-world change, particularly the rapid growth of private renting. This paper examines the potential value of big data in this context. We…

Applications · Statistics 2021-02-01 Mark Livingston , Francesca Pannullo , Adrian Bowman , Marian Scott , Nick Bailey

There is a rumbling debate over the impact of gentrification: presumed gentrifiers have been the target of protests and attacks in some cities, while they have been welcome as generators of new jobs and taxes in others. Census data fails to…

Computers and Society · Computer Science 2021-01-19 Shomik Jain , Davide Proserpio , Giovanni Quattrone , Daniele Quercia

We represent the functioning of the housing market and study the relation between income segregation, income inequality and house prices by introducing a spatial Agent-Based Model (ABM). Differently from traditional models in urban…

Economics · Quantitative Finance 2018-10-23 Marco Pangallo , Jean Pierre Nadal , Annick Vignes

This article interprets emerging scholarship on rental housing platforms -- particularly the most well-known and used short- and long-term rental housing platforms - and considers how the technological processes connecting both short-term…

General Economics · Economics 2021-08-19 Geoff Boeing , Max Besbris , David Wachsmuth , Jake Wegmann