Pricing for a last-mile transportation system

• Main Authors: CHEN, Yiwei, WANG, Hai
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2018
• Subjects: Last-mile; Pricing; Multi-type passengers; Social welfare; Singapore; Artificial Intelligence and Robotics; Asian Studies; Transportation
• Online Access: https://ink.library.smu.edu.sg/sis_research/3872; https://ink.library.smu.edu.sg/context/sis_research/article/4874/viewcontent/Pricing_Last_Mile_Trans_av.pdf
• Institution: Singapore Management University

The Last-Mile Problem refers to the provision of travel service from the nearest public transportation node to a home or other destination. Last-Mile Transportation System (LMTS), which has recently emerged, provide on-demand shared transportation. We consider an LMTS with multiple passenger types—a...