A Discounted Trade Reduction Mechanism for Dynamic Ridesharing Pricing

Dynamic ridesharing arranges shared rides for passengers and drivers in real time. Since, in many dynamic ridesharing services, drivers are crowdsourced, the price mechanism design for such services is a fundamental problem. In this paper, a discounted trade reduction mechanism is designed for dynamic ridesharing pricing. Properties of the proposed mechanism are investigated. The authors also conduct experiments to evaluate the price mechanism. Experimental results show that their mechanism outperforms three double auction baseline mechanisms and illustrate the effect of adjusting the parameter values of their mechanism.

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 01603682
  • Record Type: Publication
  • Files: TLIB, TRIS
  • Created Date: May 31 2016 1:42PM