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We study a market mechanism that sets edge prices to incentivize strategic agents to efficiently share limited network capacity. In this market, agents form coalitions, with each coalition sharing a unit capacity of a selected route and…

Computer Science and Game Theory · Computer Science 2025-11-19 Saurabh Amin , Patrick Jaillet , Haripriya Pulyassary , Manxi Wu

We consider the use of pricing as a regulatory mechanism when an unknown number of autonomous agents compete for access to a shared resource (possibly limited in volume or capacity). In standard dynamic pricing control systems, an…

Optimization and Control · Mathematics 2025-11-24 Christopher King , Homayoun Hamedmoghadam , Christos G. Cassandras , Fabian R. Wirth , Robert N. Shorten

This paper studies dynamic monopoly pricing for a broad class of settings that allow for multiple durable, multiple rental, or a mix of varieties. We show that the driving force behind pricing dynamics is the existence of trading-up…

General Economics · Economics 2025-07-09 Stefan Buehler , Nicolas Eschenbaum , Severin Lenhard

We study the optimal pricing strategy of a monopolist selling homogeneous goods to customers over multiple periods. The customers choose their time of purchase to maximize their payoff that depends on their valuation of the product, the…

Computer Science and Game Theory · Computer Science 2018-06-28 Ali Makhdoumi , Azarakhsh Malekian , Asuman Ozdaglar

Autonomous vehicles have the potential to increase the capacity of roads via platooning, even when human drivers and autonomous vehicles share roads. However, when users of a road network choose their routes selfishly, the resulting traffic…

Optimization and Control · Mathematics 2020-06-05 Erdem Bıyık , Daniel A. Lazar , Dorsa Sadigh , Ramtin Pedarsani

In this paper we present and analyze a queueing-theoretical model for autonomous mobility-on-demand (MOD) systems where robotic, self-driving vehicles transport customers within an urban environment and rebalance themselves to ensure…

Robotics · Computer Science 2014-04-18 Rick Zhang , Marco Pavone

Both ride-hailing services and electric vehicles are becoming increasingly popular and it is likely that charging management of the ride-hailing vehicles will be a significant part of the ride-hailing company's operation in the near future.…

Systems and Control · Electrical Eng. & Systems 2022-03-18 Marko Maljkovic , Gustav Nilsson , Nikolas Geroliminis

Ride-hailing platforms (e.g., Uber, Lyft) have transformed urban mobility by enabling ride-sharing, which holds considerable promise for reducing both travel costs and total vehicle miles traveled (VMT). However, the fragmentation of these…

General Economics · Economics 2025-08-27 Xin Dong , Jose Ventura , Vikash V. Gayah

Emerging autonomous vehicles (AV) can either supplement the public transportation (PT) system or compete with it. This study examines the competitive perspective where both AV and PT operators are profit-oriented with dynamic adjustable…

Physics and Society · Physics 2021-04-20 Baichuan Mo , Zhejing Cao , Hongmou Zhang , Yu Shen , Jinhua Zhao

Our goal in this paper is to study the market impact in a market in which the order flow is autocorrelated. We build a model which explains qualitatively and quantitatively the empirical facts observed so far concerning market impact. We…

Trading and Market Microstructure · Quantitative Finance 2012-12-20 Jonathan Donier

The partition of society into groups, polarization, and social networks are part of most conversations today. How do they influence price competition? We discuss Bertrand duopoly equilibria with demand subject to network effects. Contrary…

Theoretical Economics · Economics 2021-10-13 Renato Soeiro , Alberto Pinto

We propose and investigate the concept of commuting service platforms (CSP) that leverage emerging mobility services to provide commuting services and connect directly commuters (employees) and their worksites (employers). By applying the…

General Economics · Economics 2020-01-14 Rong Fan , Xuegang , Ban

In a ride-pooling system, travellers experience discomfort associated with a detour and a longer travel time, which is compensated with a sharing discount. Most studies assume travellers receive either a flat discount or, in rare cases, a…

Computer Science and Game Theory · Computer Science 2024-11-07 Michal Bujak , Rafal Kucharski

In many shopping scenarios, e.g., in online shopping, customers have a large menu of options to choose from. However, most of the buyers do not browse all the options and make decision after considering only a small part of the menu. To…

Computer Science and Game Theory · Computer Science 2018-02-15 Nick Gravin , Zhihao Gavin Tang

Transit agencies have the opportunity to outsource certain services to established Mobility-on-Demand (MOD) providers. Such alliances can improve service quality, coverage, and ridership; reduce public sector costs and vehicular emissions;…

Optimization and Control · Mathematics 2024-03-19 Kayla Cummings , Vikrant Vaze , Özlem Ergun , Cynthia Barnhart

We consider the problem of how to regulate an oligopoly when firms have private information about their costs. In the environment, consumers make discrete choices over goods, and minimal structure is placed on the manner in which firms…

Theoretical Economics · Economics 2024-02-14 Kai Hao Yang , Alexander K. Zentefis

Sponsored search mechanisms have drawn much attention from both academic community and industry in recent years since the seminal papers of [13] and [14]. However, most of the existing literature concentrates on the mechanism design and…

Computer Science and Game Theory · Computer Science 2010-09-01 Jian Liu , Dah Ming Chiu

Autonomous mobility on demand systems, though still in their infancy, have very promising prospects in providing urban population with sustainable and safe personal mobility in the near future. While much research has been conducted on both…

Artificial Intelligence · Computer Science 2017-11-23 Wen Shen , Cristina Lopes

Mobility-on-Demand (MoD) systems are generally designed and analyzed for a fixed and exogenous demand, but such frameworks fail to answer questions about the impact of these services on the urban transportation system, such as the effect of…

Systems and Control · Computer Science 2018-10-09 Yang Liu , Prateek Bansal , Ricardo Daziano , Samitha Samaranayake

Traffic is a challenge in rural and urban areas alike with negative effects ranging from congestion to air pollution. Ride-sharing poses an appealing alternative to personal cars, combining the traffic-reducing ride bundling of public…

Physics and Society · Physics 2021-02-24 Debsankha Manik , Nora Molkenthin