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Cumulative Prospect Theory (CPT) is a modeling tool widely used in behavioral economics and cognitive psychology that captures subjective decision making of individuals under risk or uncertainty. In this paper, we propose a dynamic pricing…

Computers and Society · Computer Science 2019-12-02 Yue Guan , Anuradha M. Annaswamy , H. Eric Tseng

We consider a profit maximization problem in an urban mobility on-demand service, of which the operator owns a fleet, provides both exclusive and shared trip services, and dynamically determines prices of offers. With knowledge of the…

Optimization and Control · Mathematics 2018-02-13 Han Qiu , Ruimin Li , Jinhua Zhao

Congestion pricing has become an effective instrument for traffic demand management on road networks. This paper proposes an optimal control approach for congestion pricing for day-to-day timescale that incorporates demand uncertainty and…

Systems and Control · Computer Science 2019-07-23 Hemant Gehlot , Harsha Honnappa , Satish V. Ukkusuri

This paper provides a framework to quantify the sensitivity associated with behavioral models based on Cumulative Prospect Theory (CPT). These are used to design dynamic pricing strategies aimed at maximizing performance metrics of the…

Optimization and Control · Mathematics 2021-04-20 Vineet Jagadeesan Nair , Yue Guan , Anuradha M. Annaswamy , H. Eric Tseng , Baljeet Singh

Vacant taxi drivers' passenger seeking process in a road network generates additional vehicle miles traveled, adding congestion and pollution into the road network and the environment. This paper aims to employ a Markov Decision Process…

Machine Learning · Computer Science 2020-02-04 Zhenyu Shou , Xuan Di , Jieping Ye , Hongtu Zhu , Hua Zhang , Robert Hampshire

With an increasing need for more flexible mobility services, we consider an operational problem arising in the planning of Demand Adaptive Systems (DAS). Motivated by the decision of whether to accept or reject passenger requests in real…

Optimization and Control · Mathematics 2025-03-12 Benedikt Lienkamp , Mike Hewitt , Axel Parmentier , Maximilian Schiffer

This paper introduces a novel model for online dynamic pricing of electric vehicle charging services that integrates reservation, parking, and charging into a comprehensive bundle priced as a whole. Our approach focuses on the individual…

Multiagent Systems · Computer Science 2025-04-29 Jan Mrkos , Antonín Komenda , David Fiedler , Jiří Vokřínek

The proliferation of ride sharing systems is a major drive in the advancement of autonomous and electric vehicle technologies. This paper considers the joint routing, battery charging, and pricing problem faced by a profit-maximizing…

Systems and Control · Electrical Eng. & Systems 2020-10-05 Berkay Turan , Ramtin Pedarsani , Mahnoosh Alizadeh

In mobile edge computing, local edge servers can host cloud-based services, which reduces network overhead and latency but requires service migrations as users move to new locations. It is challenging to make migration decisions optimally…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-05-10 Shiqiang Wang , Rahul Urgaonkar , Murtaza Zafer , Ting He , Kevin Chan , Kin K. Leung

The main goal of this paper is to investigate continuous-time distributed dynamic programming (DP) algorithms for networked multi-agent Markov decision problems (MAMDPs). In our study, we adopt a distributed multi-agent framework where…

Systems and Control · Electrical Eng. & Systems 2024-06-14 Donghwan Lee , Han-Dong Lim , Do Wan Kim

In this paper we present a model predictive control (MPC) approach to optimize vehicle scheduling and routing in an autonomous mobility-on-demand (AMoD) system. In AMoD systems, robotic, self-driving vehicles transport customers within an…

Systems and Control · Computer Science 2017-08-15 Rick Zhang , Federico Rossi , Marco Pavone

This paper studies spatiotemporal pricing and fleet management for autonomous mobility-on-demand (AMoD) systems while taking elastic demand into account. We consider a platform that offers ride-hailing services using a fleet of autonomous…

Optimization and Control · Mathematics 2024-04-02 Zhijie Lai , Sen Li

The design of integrated mobility-on-demand services requires jointly considering the interactions between traveler choice behavior and operators' operation policies to design a financially sustainable pricing scheme. However, most existing…

General Economics · Economics 2020-06-09 Tai-Yu Ma , Sylvain Klein

User-to-network relaying enabled via Device-to-Device communications (D2D) is a promising technique for improving the performance of cellular networks. Since in practice relays are in mobility, a dynamic relay selection scheme is…

Information Theory · Computer Science 2020-10-26 Rita Ibrahim , Mohamad Assaad , Berna Sayrac

The Ethereum blockchain utilizes the EIP-1559 algorithm to manage transaction inclusion and block assembly. However, EIP-1559 and much of the existing literature study this problem from a static perspective, focusing on price evolution…

Computer Science and Game Theory · Computer Science 2026-05-14 Fatemeh Fardno , S. Rasoul Etesami

The extraordinary electric vehicle (EV) popularization in the recent years has facilitated research studies in alleviating EV energy charging demand. Previous studies primarily focused on the optimizations over charging stations (CS) profit…

Multiagent Systems · Computer Science 2024-06-18 Tianhao Bu , Hang Li , Guojie Li

Over the past few years, ride-sharing has emerged as an effective way to relieve traffic congestion. A key problem for these platforms is to come up with a revenue-optimal (or GMV-optimal) pricing scheme and an induced vehicle dispatching…

Systems and Control · Computer Science 2018-03-02 Mengjing Chen , Weiran Shen , Pingzhong Tang , Song Zuo

This paper examines the use of in-store customers as delivery couriers in a centralized crowd-shipping system, targeting the growing need for efficient last-mile delivery in urban areas. We consider a brick-and-mortar retail setting where…

Artificial Intelligence · Computer Science 2025-07-03 Arash Dehghan , Mucahit Cevik , Merve Bodur , Bissan Ghaddar

In this paper, a learning-based optimal transportation algorithm for autonomous taxis and ridesharing vehicles is presented. The goal is to design a mechanism to solve the routing problem for multiple autonomous vehicles and multiple…

Optimization and Control · Mathematics 2020-05-06 Salar Rahili , Benjamin Riviere , Soon-Jo Chung

A fundamental question in any peer-to-peer ride-sharing system is how to, both effectively and efficiently, meet the request of passengers to balance the supply and demand in real time. On the passenger side, traditional approaches focus on…

Machine Learning · Computer Science 2022-11-08 Yanqiu Wu , Qingyang Li , Zhiwei Qin
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