Related papers: Pricing Vehicle Sharing with Proximity Information
Transportation Network Companies employ dynamic pricing methods at periods of peak travel to incentivise driver participation and balance supply and demand for rides. Surge pricing multipliers are commonly used and are applied following…
Many vehicles spend a significant amount of time in urban traffic congestion. Due to the evolution of autonomous cars, driver assistance systems, and in-vehicle entertainment, many vehicles have plentiful computational and communication…
The method of using video cameras installed on the car, to calculate the distance to the object in its area of movement.
For accommodating more electric vehicles (EVs) to battle against fossil fuel emission, the problem of charging station placement is inevitable and could be costly if done improperly. Some researches consider a general setup, using…
The unprecedented growth of demand for charging electric vehicles (EVs) calls for novel expansion solutions to today's charging networks. Riding on the wave of the proliferation of sharing economy, Airbnb-like charger sharing markets opens…
Ride-sourcing platforms often face imbalances in the demand and supply of rides across areas in their operating road-networks. As such, dynamic pricing methods have been used to mediate these demand asymmetries through surge price…
We investigate the optimal pricing strategy in a service-providing framework, where customers can leave the system prior to service completion. In this setting, a price is quoted to an incoming customer based on the current number of…
In societal-scale infrastructures, such as electric grids or transportation networks, pricing mechanisms are often used as a way to shape users' demand in order to lower operating costs and improve reliability. Existing approaches to…
We investigate the design of pricing policies that enhance driver adherence to route guidance, ensuring effective routing control. The major novelty lies in that we adopt a Markov chain to model drivers' compliance rates conditioned on both…
The culture of sharing instead of ownership is sharply increasing in individuals behaviors. Particularly in transportation, concepts of sharing a ride in either carpooling or ridesharing have been recently adopted. An efficient optimization…
The purpose of the paper is to present a new pricing method for clean spread options, and to illustrate its main features on a set of numerical examples produced by a dedicated computer code. The novelty of the approach is embedded in the…
Bike-sharing systems are emerging in various cities as a new ecofriendly transportation system. In these systems, spatiotemporally varying user demands lead to imbalanced inventory at bicycle stations, resulting in additional relocation…
We study the problem of planning routes in road networks when certain streets or areas are closed at certain times. For heavy vehicles, such areas may be very large since many European countries impose temporary driving bans during the…
In this paper, we propose a new macro-micro approach to modeling parking. We first develop a microscopic parking simulation model considering both on- and off-street parking with limited capacity. In the microscopic model, a parking search…
Ride-sharing on the daily home-work-home commute can help individuals save on gasoline and other car-related costs, while at the same time it can reduce traffic and pollution. This paper assesses the potential of ride-sharing for reducing…
Autonomous driving is a widely researched technology that is frequently tested on public roads. The data generated from these tests represent an essential competitive element for the respective companies moving this technology forward. In…
The large adoption of EVs brings practical interest to the operation optimization of the charging station. The joint scheduling of pricing and charging control will achieve a win-win situation both for the charging station and EV drivers,…
Location Routing is a fundamental planning problem in logistics, in which strategic location decisions on the placement of facilities (depots, distribution centers, warehouses etc.) are taken based on accurate estimates of operational…
We study the problem of designing posted-price mechanisms in order to sell a single unit of a single item within a finite period of time. Motivated by real-world problems, such as, e.g., long-term rental of rooms and apartments, we assume…
In ride-hailing systems, en-route time refers to the time that elapses from the moment a car is dispatched to pick up a rider until the rider is picked up. A fundamental phenomenon in ride-hailing systems is that there is a trade-off…