Design and operation of efficient and budget-balanced shared-use mobility systems
Shared-use mobility systems allow individuals traveling along the same routes to share (parts of) their trips. Routing/scheduling and pricing of shared-use mobility services are often considered as two separate problems due to the high computational complexity of solving the joint problem. This approach disregards the fact that both agent types (i.e., riders and drivers) in ridesharing systems are utility maximizers, and therefore the operational feasibility of a joint trip does not necessarily translate into the agents’ willingness to participate. In this project the research team devises a mechanism that solves the allocation and pricing problems jointly, guaranteeing individually rational and incentive compatible (within bounds) ridesharing proposals, while seeking a budget-balanced solution that does not require the system to be subsidized.
- Record URL:
Language
- English
Project
- Status: Completed
- Funding: $108049
-
Contract Numbers:
69A3551747105
-
Sponsor Organizations:
Office of the Assistant Secretary for Research and Technology
University Transportation Centers Program
Department of Transportation
Washington, DC United States 20590 -
Managing Organizations:
Center for Connected and Automated Transportation
University of Michigan Transportation Research Institute
Ann Arbor, MI United States 48109 -
Project Managers:
Tucker-Thomas, Dawn
-
Performing Organizations:
University of Michigan, Ann Arbor
Department of Civil and Environmental Engineering
2350 Hayward
Ann Arbor, MI United States 48109-2125 -
Principal Investigators:
Masoud, Neda
- Start Date: 20180101
- Expected Completion Date: 20191231
- Actual Completion Date: 20191231
- USDOT Program: University Transportation Centers Program
- Subprogram: Research
Subject/Index Terms
- TRT Terms: Cost effectiveness; Mobility; Paratransit services; Pricing; Ridesharing; Routing
- Subject Areas: Planning and Forecasting; Public Transportation;
Filing Info
- Accession Number: 01665791
- Record Type: Research project
- Source Agency: Center for Connected and Automated Transportation
- Contract Numbers: 69A3551747105
- Files: UTC, RIP
- Created Date: Apr 11 2018 11:17AM