Operations Research, Systems Engineering and Industrial Engineering Commons^™

Hierarchical Value Decomposition For Effective On-Demand Ride Pooling, Hao Jiang, Pradeep Varakantham

Research Collection School Of Computing and Information Systems

On-demand ride-pooling (e.g., UberPool, GrabShare) services focus on serving multiple different customer requests using each vehicle, i.e., an empty or partially filled vehicle can be assigned requests from different passengers with different origins and destinations. On the other hand, in Taxi on Demand (ToD) services (e.g., UberX), one vehicle is assigned to only one request at a time. On-demand ride pooling is not only beneficial to customers (lower cost), drivers (higher revenue per trip) and aggregation companies (higher revenue), but is also of crucial importance to the environment as it reduces the number of vehicles required on the roads. Since …