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  4. Ride-sourcing fleet rebalancing with proactive and targeted pricing
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conference paper not in proceedings

Ride-sourcing fleet rebalancing with proactive and targeted pricing

Wang, Minru  
•
Geroliminis, Nikolaos  
June 3, 2022
hEART 2022: 10th Symposium of the European Association for Research in Transportation

This work studies the role of proactive and targeted ride-splitting incentives on the service level and total revenue of a ride-sourcing platform, which is built as a discrete event simulator that incorporates simulated taxi data within a congestible road network. While shared trips offer riders a discount to compensate for any additional travel or waiting time, the success in matching shared trips relies on riders’ attitudes towards the trade-off between travel time and cost. Therefore, formulated as a multinomial logit model, alternative-specific coefficients characterize the probability of a random draw among three options: solo ride, shared ride, or a public-transit-like service. A multi-objective analysis shows that for regions where empty vehicle depletion rate is high, by offering incentives with an additional discount for a shared trip, the platform can proactively rebalance vehicle supply in high-demand regions during peak-hours, and succeed with a small abandonment for trips with high waiting or detour times.

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Type
conference paper not in proceedings
Author(s)
Wang, Minru  
Geroliminis, Nikolaos  
Date Issued

2022-06-03

Subjects

pricing incentives

•

ride-sourcing

•

shared mobility

•

simulation

•

willingness-to-share

Editorial or Peer reviewed

REVIEWED

Written at

EPFL

EPFL units
LUTS  
Event nameEvent placeEvent date
hEART 2022: 10th Symposium of the European Association for Research in Transportation

Leuven, Belgium

June 1-3, 2022

Available on Infoscience
March 21, 2023
Use this identifier to reference this record
https://infoscience.epfl.ch/handle/20.500.14299/196312
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