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Related papers: Driver Surge Pricing

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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…

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…

Data Structures and Algorithms · Computer Science 2021-06-29 Renos Karamanis , Eleftherios Anastasiadis , Marc Stettler , Panagiotis Angeloudis

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…

Systems and Control · Electrical Eng. & Systems 2023-08-01 Spencer Hutchinson , Berkay Turan , Mahnoosh Alizadeh

Dynamic pricing is a promising strategy to address the challenges of smart charging, as traditional time-of-use (ToU) rates and stationary pricing (SP) do not dynamically react to changes in operating conditions, reducing revenue for…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-08-27 Arun Kumar Kalakanti , Shrisha Rao

Ride-sharing is a modern urban-mobility paradigm with tremendous potential in reducing congestion and pollution. Demand-aware design is a promising avenue for addressing a critical challenge in ride-sharing systems, namely joint…

Systems and Control · Electrical Eng. & Systems 2025-10-20 Qiulin Lin , Wenjie Xu , Minghua Chen , Xiaojun Lin

Recent advances in communication technologies and automated vehicles have opened doors for alternative mobility systems (taxis, carpool, demand-responsive services, peer-to-peer ridesharing, and car sharing, shared autonomous…

Systems and Control · Electrical Eng. & Systems 2021-03-19 Shadi Djavadian , Bilal Farooq , Seyed Mehdi Meshkani

Budget allocation of marketplace levers, such as incentives for drivers and promotions for riders, has long been a technical and business challenge at Uber; understanding lever budget changes' impact and estimating cost efficiency to…

Mobile data demand is increasing tremendously in wireless social networks, and thus an efficient pricing scheme for social-enabled services is urgently needed. Though static pricing is dominant in the actual data market, price intuitively…

Computer Science and Game Theory · Computer Science 2018-08-14 Zehui Xiong , Dusit Niyato , Ping Wang , Zhu Han , Yang Zhang

This paper presents a new dynamic pricing model (a.k.a. real-time pricing) that reflects startup costs of generators. Dynamic pricing, which is a method to control demand by pricing electricity at hourly (or more often) intervals, has been…

Optimization and Control · Mathematics 2014-03-06 Naoki Ito , Akiko Takeda , Toru Namerikawa

As modern transportation systems become more complex, there is need for mobile applications that allow travelers to navigate efficiently in cities. In taxi transport the recent proliferation of Uber has introduced new norms including a…

Computers and Society · Computer Science 2017-01-17 Anastasios Noulas , Vsevolod Salnikov , Desislava Hristova , Cecilia Mascolo , Renaud Lambiotte

Since ride-hailing has become an important travel alternative in many cities worldwide, a fervent debate is underway on whether it competes with or complements public transport services. We use Uber trip data in six cities in the United…

Physics and Society · Physics 2024-09-17 Oded Cats , Rafał Kucharski , Santosh Rao Danda , Menno Yap

Recently, some transportation service providers attempt to integrate the ride services offered by multiple independent ride-sourcing platforms, and passengers are able to request ride through such third-party integrators or connectors and…

General Economics · Economics 2020-08-25 Yaqian Zhou , Hai Yang , Jintao Ke , Hai Wang , Xinwei Li

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

Contrary to traditional transit services, supply in ridesourcing systems emerges from individual labour decisions of gig workers. The effect of decentralisation in supply on the evolution of on-demand transit services is largely unknown. To…

Physics and Society · Physics 2022-01-27 Arjan de Ruijter , Oded Cats , Rafal Kucharski , Hans van Lint

Nowadays, ridesharing has become one of the most popular services offered by online ride-hailing platforms (e.g., Uber and Didi Chuxing). Existing ridesharing platforms adopt the strategy that dispatches orders over the entire city at a…

Signal Processing · Electrical Eng. & Systems 2020-09-07 Chang Liu , Jiahui Sun , Haiming Jin , Meng Ai , Qun Li , Cheng Zhang , Kehua Sheng , Guobin Wu , Xiaohu Qie , Xinbing Wang

Ride-hailing services, such as Didi Chuxing, Lyft, and Uber, arrange thousands of cars to meet ride requests throughout the day. We consider a Markov decision process (MDP) model of a ride-hailing service system, framing it as a…

Optimization and Control · Mathematics 2021-04-30 Jiekun Feng , Mark Gluzman , J. G. Dai

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…

Systems and Control · Electrical Eng. & Systems 2025-04-21 Yu Tang , Kaan Ozbay , Li Jin

Today mobile users are intensively interconnected thanks to the emerging mobile social networks, where they share location-based information with each other when traveling on different routes and visit different areas of the city. In our…

Computer Science and Game Theory · Computer Science 2016-08-12 Yunpeng Li , Costas Courcoubetis , Lingjie Duan

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

Traditional round-trip car rental systems mandate users to return vehicles to their point of origin, limiting the system adaptability to meet diverse mobility demands. This constraint often leads to fleet under-utilization and incurs high…

Systems and Control · Electrical Eng. & Systems 2024-07-12 Avalpreet Singh Brar , Rong Su , Gioele Zardini , Jaskaranveer Kaur
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