Abstract
A modern service model known as the "hub-oriented"model has emerged with the development of mobility services. This model allows users to request vehicles from multiple companies (agents) simultaneously through a unified entry (a 'hub'). In contrast to conventional services, the "hub-oriented"model emphasizes pricing competition. To address this scenario, an agent should consider its competitors when developing its pricing strategy. In this paper, we introduce DRLPG, a mixed opponent-aware pricing method, which consists of two main components: the two-stage guarantor and the end-to-end deep reinforcement learning (DRL) module, as well as interaction mechanisms. In the guarantor, we design a prediction-decision framework. Specifically, we propose a new objective function for the spatiotemporal neural network in the prediction stage and utilize a traditional reinforcement learning method in the decision stage, respectively. In the end-to-end DRL framework, we explore the adoption of conventional DRL in the "hub-oriented"scenario. Finally, a meta-decider and an experience-sharing mechanism are proposed to combine both methods and leverage their advantages. We conduct extensive experiments on real data, and DRLPG achieves an average improvement of 99.9% and 61.1% in the peak and low peak periods, respectively. Our results demonstrate the effectiveness of our approach compared to the baseline.
| Original language | English |
|---|---|
| Pages (from-to) | 3298-3311 |
| Number of pages | 14 |
| Journal | IEEE Transactions on Knowledge and Data Engineering |
| Volume | 37 |
| Issue number | 6 |
| DOIs | |
| Publication status | Published - Jun 2025 |
Keywords
- Order pricing
- quantile learning
- reinforcement learning
- ride-hailing
ASJC Scopus subject areas
- Information Systems
- Computer Science Applications
- Computational Theory and Mathematics
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