A real-time algorithm to solve the peer-to-peer ride-matching problem in a flexible ridesharing system

Neda Masoud and R. Jayakrishnan

Transportation Research Part B: Methodological, 2017, vol. 106, issue C, 218-236

Abstract: Real-time peer-to-peer ridesharing is a promising mode of transportation that has gained popularity during the recent years thanks to the wide-spread use of smart phones, mobile application development platforms, and online payment systems. An assignment of drivers to riders, known as the ride-matching problem, is a central component of a peer-to-peer ridesharing system. In this paper we discuss the features of a flexible ridesharing system and propose an algorithm to optimally solve the ride-matching problem in a flexible ridesharing system in real-time. We generate random instances of the problem, and perform sensitivity analysis over some of the important parameters in a ridesharing system. Furthermore, we discuss two novel approaches to increase the performance of a ridesharing system.

Keywords: On-demand transportation; Ridesharing; Ride-matching; Multi-modal transportation (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (31)

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DOI: 10.1016/j.trb.2017.10.006

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