Physical Sciences and Mathematics Commons^™

Pricing And Equilibrium In On-Demand Ride-Pooling Markets, Jintao Ke, Hai Yang, Xinwei Li, Hai Wang, Jieping Ye

Research Collection School Of Computing and Information Systems

With the recent rapid growth of technology-enabled mobility services, ride-sourcing platforms, such as Uber and DiDi, have launched commercial on-demand ride-pooling programs that allow drivers to serve more than one passenger request in each ride. Without requiring the prearrangement of trip schedules, these programs match on-demand passenger requests with vehicles that have vacant seats. Ride-pooling programs are expected to offer benefits for both individual passengers in the form of cost savings and for society in the form of traffic alleviation and emission reduction. In addition to some exogenous variables and environments for ride-sourcing market, such as city size and population …