Matching passengers and drivers with multiple objectives in ride sharing markets

In many cities in the world, ride sharing companies, such as Uber, Didi, Grab and Lyft, have been able to leverage on Internet-based platforms to conduct online decision making to connect passengers and drivers. These online platforms facilitate the integration of passengers and drivers’ mobility da...

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Bibliographic Details
Main Authors: LYU, Guodong, TEO, Chung Piaw, CHEUNG, Wangchi, WANG, Hai
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2019
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Online Access:https://ink.library.smu.edu.sg/sis_research/6873
https://ink.library.smu.edu.sg/context/sis_research/article/7876/viewcontent/Program_v4_prettified.xlsx.pdf
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Institution: Singapore Management University
Language: English
Description
Summary:In many cities in the world, ride sharing companies, such as Uber, Didi, Grab and Lyft, have been able to leverage on Internet-based platforms to conduct online decision making to connect passengers and drivers. These online platforms facilitate the integration of passengers and drivers’ mobility data on smart phones in real-time, which enables a convenient matching between demand and supply in real time. These clear operational advantages have motivated many similar shared service business models in the public transportation arena, and have been a disruptive force to the traditional taxi industry.