Estimating the success rate of matching for enroute ridepooling services- An analytical approach

Jun Wang, Xiaolei Wang, Wei Liu

Research output: Chapter in book / Conference proceedingConference article published in proceeding or bookAcademic researchpeer-review

Abstract

Dynamic enroute ridepooling service, which matches real-time ridepooling orders on the fly, experienced a great development in recent years. To encourage ridepooling, service providers usually offer a certain discounted price first and then searches for matching orders enroute. How to forecast the success rate of enroute matching for each order is a fundamental but challenging issue for enroute ridepooling service provides. In this paper, an analytical framework is proposed to estimate the success rate of ridepooling for each individual order considering the complex underlying competition between ridepooling orders from different origin-destination (OD) pairs. And numerical experiments based on simplified scenarios are conducted to demonstrate the effectiveness of the model.

Original languageEnglish
Title of host publicationTransportation Systems in the Connected Era - Proceedings of the 23rd International Conference of Hong Kong Society for Transportation Studies, HKSTS 2018
EditorsWeihua Gu, Shuaian Wang
PublisherHong Kong Society for Transportation Studies Limited
Pages227-234
Number of pages8
ISBN (Electronic)9789881581471
Publication statusPublished - Dec 2018
Event23rd International Conference of Hong Kong Society for Transportation Studies: Transportation Systems in the Connected Era, HKSTS 2018 - Hong Kong, Hong Kong
Duration: 8 Dec 201810 Dec 2018

Publication series

NameTransportation Systems in the Connected Era - Proceedings of the 23rd International Conference of Hong Kong Society for Transportation Studies, HKSTS 2018

Conference

Conference23rd International Conference of Hong Kong Society for Transportation Studies: Transportation Systems in the Connected Era, HKSTS 2018
Country/TerritoryHong Kong
CityHong Kong
Period8/12/1810/12/18

Keywords

  • Enroute Ridepooling
  • Success Rate of Matching

ASJC Scopus subject areas

  • Transportation

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