Incentive Design in Ride Sharing Platforms

Ride-sharing platforms have quickly become a widespread phenomena, with significant impacts on urban mobility systems and economies as a whole. At the same time, the ultimate benefits of these platforms might be hindered by mismatches between supply and demand at some hours of the day (temporal mismatch) or in some locations in a city (spatial mismatch). This project explicitly studies the economic aspects of ride-sharing platforms, and particularly the design of incentive systems to align the behaviors of riders and drivers on the platform with broader mobility objectives. Specifically, it will involve three specific investigations. First, it will develop an original mechanism for matching and pricing in ride-sharing systems that explicitly captures the demand heterogeneity in terms of the riders preferences over the timing and price of the ride services. In other words, the proposed mechanism allocates available vehicles in priority to time-sensitive riders at a price premium, and offers discounts to other riders willing to incur some delay. Second, it will provide a platform design that enables information sharing with the riders and drivers to enhance transparency over demand levels, wait times and prices across space and time. Third, it will design and optimize rating systems to enhance service levels through the matching of riders and drivers, while maximizing overall system efficiency and minimizing wait times. Ultimately, the results can provide insights on how to render the design of ride-sharing platforms more consistent with users preferences, and thereby ultimately more efficient, more fair and more sustainable.

Language

  • English

Project

  • Status: Active
  • Funding: $90000
  • Contract Numbers:

    69A3551747111

  • Sponsor Organizations:

    Carnegie Mellon University

    Mobility 21 National UTDOT for Mobility of Goods and People
    ,    

    Office of the Assistant Secretary for Research and Technology

    University Transportation Program
    ,    
  • Managing Organizations:

    Carnegie Mellon Univeristy

    Mobility 21 National UTDOT for Mobility of Goods and People
    ,    
  • Project Managers:

    Schweyer, Lisa Kay

  • Performing Organizations:

    Carnegie Mellon University

    ,    
  • Principal Investigators:

    Jacquillat, Alexandre

  • Start Date: 20180807
  • Expected Completion Date: 20190630
  • Actual Completion Date: 0
  • USDOT Program: University Transportation Centers

Subject/Index Terms

Filing Info

  • Accession Number: 01677496
  • Record Type: Research project
  • Source Agency: Technologies for Safe and Efficient Transportation University Transportation Center
  • Contract Numbers: 69A3551747111
  • Files: UTC, RiP
  • Created Date: Aug 7 2018 12:04PM