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.

Language

  • English

Project

  • Status: Active
  • 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, Ann Arbor
    Ann Arbor, MI  United States  48109
  • Performing Organizations:

    University of Michigan, Ann Arbor

    Department of Civil and Environmental Engineering
    2350 Hayward
    Ann Arbor, Michigan  United States  48109-2125
  • Principal Investigators:

    Masoud, Neda

  • Start Date: 20180101
  • Expected Completion Date: 20181230
  • Actual Completion Date: 0
  • USDOT Program: University Transportation Centers Program
  • Subprogram: Research

Subject/Index Terms

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 11:02AM