Physical Sciences and Mathematics Commons^™

Taxis Strike Back: A Field Trial Of The Driver Guidance System, Shih-Fen Cheng, Shashi Shekhar Jha, Rishikeshan Rajendram

Research Collection School Of Computing and Information Systems

Traditional taxi fleet operators world-over have been facing intense competitions from various ride-hailing services such as Uber and Grab (specific to the Southeast Asia region). Based on our studies on the taxi industry in Singapore, we see that the emergence of Uber and Grab in the ride-hailing market has greatly impacted the taxi industry: the average daily taxi ridership for the past two years has been falling continuously, by close to 20% in total. In this work, we discuss how efficient real-time data analytics and large-scale multi-agent optimization technology could potentially help taxi drivers compete against more technologically advanced service …