Why are fairness concerns so important? Lessons from pricing a shared last-mile transportation system

• Main Authors: CHEN, Yiwei, WANG, Hai
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2018
• Subjects: Shared Transportation; Last-Mile; Fairness; Price Discount; Service Priority; Systems Architecture
• Online Access: https://ink.library.smu.edu.sg/sis_research/4029; https://ink.library.smu.edu.sg/context/sis_research/article/5031/viewcontent/SSRN_id3168324.pdf
• Institution: Singapore Management University

The Last-Mile Problem refers to the provision of travel service from the nearest public transportation node to the final destination. The Last-Mile Transportation System (LMTS), which has recently emerged, provides on-demand shared last-mile transportation service. While it is natural that in the la...