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Related papers: Dynamic Pricing in Shared Mobility on Demand Servi…

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A smartphone user's personal hotspot (pH) allows him to share cellular connection to another (e.g., a traveler) in the vicinity, but such sharing consumes the limited data quota in his two-part tariff plan and may lead to overage charge.…

Computer Science and Game Theory · Computer Science 2018-06-28 Feng Wang , Lingjie Duan , Jianwei Niu

While multimodal mobility systems have the potential to bring many benefits to travelers, drivers, the environment, and traffic congestion, such systems typically involve multiple non-cooperative decision-makers who may selfishly optimize…

Methodology · Statistics 2026-01-08 Md Nafees Fuad Rafi , Zhaomiao Guo

We consider the situation where multiple transportation service providers cooperate to offer an integrated multi-modal platform to enhance the convenience to the passengers through ease in multi-modal journey planning, payment, and first…

Systems and Control · Electrical Eng. & Systems 2022-06-29 Yuntian Deng , Shiping Shao , Archak Mittal , Richard Twumasi-Boakye , James Fishelson , Abhishek Gupta , Ness B. Shroff

This paper provides efficient solutions to maximize profit for commercial ridesharing services, under a pricing model with detour-based discounts for passengers. We propose greedy heuristics for real-time ride matching that offer different…

This paper presents a model addressing welfare optimal policies of demand responsive transportation service, where passengers cause external travel time costs for other passengers due to the route changes. Optimal pricing and trip…

General Economics · Economics 2021-03-02 Jani-Pekka Jokinen

The advent of autonomous driving and electrification is enabling the deployment of Electric Autonomous Mobility-on-Demand (E-AMoD) systems, whereby electric autonomous vehicles provide on-demand mobility. Crucially, the design of the…

Systems and Control · Electrical Eng. & Systems 2023-09-25 Fabio Paparella , Theo Hofman , Mauro Salazar

We consider dynamic pricing algorithms as applied to the online set cover problem. In the dynamic pricing framework, we assume the standard client server model with the additional constraint that the server can only place prices over the…

Data Structures and Algorithms · Computer Science 2024-09-24 Max Bender , Aum Desai , Jialin He , Oliver Thompson , Pramithas Upreti

The performance of multimodal mobility systems relies on the seamless integration of conventional mass transit services and the advent of Mobility-on-Demand (MoD) services. Prior work is limited to individually improving various transport…

Computational Engineering, Finance, and Science · Computer Science 2021-05-24 Qi Luo , Samitha Samaranayake , Siddhartha Banerjee

Motivated by applications in online marketplaces such as ride-hailing, we study how strategic servers impact the system performance. We consider a discrete-time process in which, heterogeneous types of customers and servers arrive. Each…

Optimization and Control · Mathematics 2021-06-25 Sushil Mahavir Varma , Francisco Castro , Siva Theja Maguluri

Same-day delivery for e-commerce has become a popular service. Companies usually offer several time delivery options with the earliest one being next hour delivery. Due to tight delivery deadlines and thin margins, companies often find it…

Optimization and Control · Mathematics 2019-12-09 Anatolii Prokhorchuk , Justin Dauwels , Patrick Jaillet

In this paper, we study the pickup and delivery problem with multiple transportation modalities, and address the challenge of efficiently allocating transportation resources while price matching users with their desired delivery modes. More…

Systems and Control · Electrical Eng. & Systems 2024-11-18 Mark Beliaev , Negar Mehr , Ramtin Pedarsani

This research investigates the implementation of a real-time, microservices-oriented dynamic pricing system for the travel sector. The system is designed to address factors such as demand, competitor pricing, and other external…

Computational Engineering, Finance, and Science · Computer Science 2024-11-05 Biman Barua , M. Shamim Kaiser

We address the challenging problem of dynamically pricing complementary items that are sequentially displayed to customers. An illustrative example is the online sale of flight tickets, where customers navigate through multiple web pages.…

Minimizing the peak power consumption and matching demand to supply, under fixed threshold polices, are two key requirements for the success of the future electricity market. In this work, we consider dynamic pricing methods to minimize the…

Optimization and Control · Mathematics 2016-10-26 Zaid Almahmoud , Jacob Crandall , Khaled Elbassioni , Trung Thanh Nguyen , Mardavij Roozbehani

Dynamic pricing schemes are increasingly employed across industries to maintain a self-organized balance of demand and supply. However, throughout complex dynamical systems, unintended collective states exist that may compromise their…

Physics and Society · Physics 2021-06-01 Malte Schröder , David-Maximilian Storch , Philip Marszal , Marc Timme

On-demand peer-to-peer ride-sharing services provide flexible mobility options, and are expected to alleviate congestion by sharing empty car seats. An efficient matching algorithm is essential to the success of a ride-sharing system. The…

Data Structures and Algorithms · Computer Science 2021-05-28 Rui Yao , Shlomo Bekhor

On-demand trip sharing is an efficient solution to mitigate the negative impact e-hailing has on congestion. It motivates platform operators to reduce their fleet size, and serves the same demand level with a lower effective distance…

Systems and Control · Electrical Eng. & Systems 2023-10-03 Lynn Fayed , Gustav Nilsson , Nikolas Geroliminis

Ride-pooling, to gain momentum, needs to be attractive for all the parties involved. This includes also drivers, who are naturally reluctant to serve pooled rides. This can be controlled by the platform's pricing strategy, which can…

Multiagent Systems · Computer Science 2024-03-21 Usman Akhtar , Farnoud Ghasemi , Rafal Kucharski

We study a pickup-and-delivery problem that arises when customers randomly submit requests over the course of a day from a choice of vendors on a collaborative e-commerce portal. Based on the attributes of a customer request, a dispatcher…

Optimization and Control · Mathematics 2024-08-15 Sara Stoia , Demetrio Laganà , Jeffrey W. Ohlmann

Dynamic ride-sharing services, including ride-pooling offered by ride-hailing platforms and demand-responsive buses, have become an essential part of urban mobility systems. These services cater to personalized and on-demand mobility…

Systems and Control · Electrical Eng. & Systems 2023-05-15 Wang Chen , Jintao Ke , Linchuan Yang