Efficiency, Fairness, and Stability in Non-Commercial Peer-to-Peer Ridesharing
Artificial Intelligence
2023-06-21 v2 General Economics
Economics
Abstract
Unlike commercial ridesharing, non-commercial peer-to-peer (P2P) ridesharing has been subject to limited research -- although it can promote viable solutions in non-urban communities. This paper focuses on the core problem in P2P ridesharing: the matching of riders and drivers. We elevate users' preferences as a first-order concern and introduce novel notions of fairness and stability in P2P ridesharing. We propose algorithms for efficient matching while considering user-centric factors, including users' preferred departure time, fairness, and stability. Results suggest that fair and stable solutions can be obtained in reasonable computational times and can improve baseline outcomes based on system-wide efficiency exclusively.
Keywords
Cite
@article{arxiv.2110.01152,
title = {Efficiency, Fairness, and Stability in Non-Commercial Peer-to-Peer Ridesharing},
author = {Hoon Oh and Yanhan Tang and Zong Zhang and Alexandre Jacquillat and Fei Fang},
journal= {arXiv preprint arXiv:2110.01152},
year = {2023}
}