Time-based payout ratio for coordinating supply and demand on an on-demand service platform

• Main Authors: BAI, Jiaru, SO, Kut C., TANG, Christopher S., CHEN, Xiqun, WANG, Hai
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2019
• Subjects: Databases and Information Systems
• Online Access: https://ink.library.smu.edu.sg/sis_research/6778; https://ink.library.smu.edu.sg/context/sis_research/article/7781/viewcontent/10.1007_978_3_030_01863_4.pdf
• Institution: Singapore Management University

Many on-demand service platforms use a fixed payout ratio (i.e., the percentage of the platform’s revenue that is paid to the providers) regardless of the customer demand and the number of participating providers that tend to vary over time. In this chapter, we examine the implications of time-based...