Platform Economics

by Cristiano Codagnone (Author), Jacob Matthews (Author), Athina Karatzogianni (Author)
Platform Economics tackles head on the rhetoric surrounding the so-called "sharing economy", which has muddied public debate and has contributed to a lack of policy and regulatory intervention

This book provides an overview of urban digital platforms such as Airbnb and Deliveroo, which, along with Amazon, Google, Facebook, and other IT companies, constitute by now the infrastructures for other businesses to operate on and for our social life to go on. These platforms serve as standards-based techno-economic systems that simultaneously capture cooperation through remote coordination and organize labor via algorithm management.

This book confronts the failings of current global economics to deliver the equity, sustainability and community empowerment which humanity now needs to handle a troubled future. The volume proposes an economy built from our society, not the other way around.

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The authors of this book assert that Grid Square statistics, a method of aggregating data within a geographically defined Grid, may be an effective solution to approach geospatial data for big data integration. Grid Square statistics is a technique that allows us to collect and analyze data based on Grids and makes it easier to understand patterns and trends. Sustainability, a key concern for the future of our society, often involves balancing multiple independent objectives. These objectives and key performance indicators must be shared to solve multi-dimensional optimization problems with some constraints related to sustainability issues. However, many of these sustainability issues are challenges that are part of global systems, which are modeled as a complex system consisting of many components. Social, economic, and environmental aspects in our socio-economic systems require solutions designed for the sustainability of our society.