Publication Type
Conference Proceeding Article
Version
publishedVersion
Publication Date
6-2022
Abstract
Central to efficient ride-pooling are two challenges: (1) how to `price' customers' requests for rides, and (2) if the customer agrees to that price, how to best `match' these requests to drivers. While both of them are interdependent, each challenge's individual complexity has meant that, historically, they have been decoupled and studied individually. This paper creates a framework for batched pricing and matching in which pricing is seen as a meta-level optimisation over different possible matching decisions. Our key contributions are in developing a variant of the revenue-maximizing auction corresponding to the meta-level optimization problem, and then providing a scalable mechanism for computing posted prices. We test our algorithm on real-world data at city-scale and show that our algorithm reliably matches demand to supply across a range of parameters.
Keywords
Ride Sharing, Auctions, Mixed Integer Linear Programming, Planning And Scheduling
Discipline
Information Security
Research Areas
Intelligent Systems and Optimization
Publication
Proceedings of the 32nd International Conference on Automated Planning and Scheduling, Singapore, Singapore, Virtually, 2022 June 13–24
Volume
32
First Page
499
Last Page
507
Identifier
10.1609/icaps.v32i1.19836
Publisher
AAAI
City or Country
California
Citation
SHAH, Sanket; LOWALEKAR, Meghna; and VARAKANTHAM, Pradeep.
Joint pricing and matching for city-scale ride pooling. (2022). Proceedings of the 32nd International Conference on Automated Planning and Scheduling, Singapore, Singapore, Virtually, 2022 June 13–24. 32, 499-507.
Available at: https://ink.library.smu.edu.sg/sis_research/7656
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1609/icaps.v32i1.19836