Integrated reward scheme and surge pricing in a ride-sourcing market

• Main Authors: YANG, Hai, SHAO, Chaoyi, Hai WANG, YE, Jieping
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2018
• 主題: Driver Income; Platform Revenue; Reward Scheme; Ride-sourcing; Surge Pricing; User Utility; Computer Sciences; Operations Research, Systems Engineering and Industrial Engineering; Transportation
• 在線閱讀: https://ink.library.smu.edu.sg/sis_research/4370; https://ink.library.smu.edu.sg/context/sis_research/article/5373/viewcontent/Integrated_reward_surge_pricing_2018_afv.pdf
• 機構: Singapore Management University

Surge pricing is commonly used in on-demand ride-sourcing platforms (e.g., Uber, Lyft and Didi) to dynamically balance demand and supply. However, since the price for ride service cannot be unlimited, there is usually a reasonable or legitimate range of prices in practice. Such a constrained surge p...