EconPapers    
Economics at your fingertips  
 

Predicting the matching probability and the expected ride/shared distance for each dynamic ridepooling order: A mathematical modeling approach

Jun Wang, Xiaolei Wang, Shan Yang, Hai Yang, Xiaoning Zhang and Ziyou Gao

Transportation Research Part B: Methodological, 2021, vol. 154, issue C, 125-146

Abstract: The popularity of smartphones and the advent of GPS positioning and wireless communication technologies in the recent decade have facilitated large-scale implementations of dynamic ridepooling services, such as Uber Pool, Lyft Line, and Didi Pinche. As in such services trips usually start before the appearance of pooling partners, knowing the probability of getting matching with another order (i.e., matching probability), the expected detour distance, and the expected shared distance before the start of each trip is essential for passengers to evaluate their willingness to pool and for ridepooling platforms to offer attractive discounts. In this paper, assuming that every ridepooling passenger shares vehicle space with at most one another during the entire trip, and ridepooling orders in each (origin-destination) OD pair appear following a Poisson process with a given rate, we propose a mathematical modeling approach to predict the matching probability, the expected ride distance, and the expected shared distance of each order under a first-come-first-serve strategy in dynamic ridepooling service. The method defines unmatched passengers at different locations along the exclusive-riding path of each OD pair into different seeker- and taker-states, formulates the complex interdependency of the matching probabilities, matching rates and arrival rates of (unmatched) passengers in different states into a system of nonlinear equations, and generates the matching probabilities and expected ride/shared distances of all OD pairs simultaneously. Under the same first-come-first-serve strategy, we simulated the occurrence, movements and state transitions of ridepooling orders based on a 30*30 grid network and the real network of Haikou City in China. In comparison with simulation results, we show that the method proposed in this paper can generate fairly satisfactory predictions under diverse matching conditions and demand intensities.

Keywords: Dynamic ridepooling; Matching probability; Ride distance; Shared distance (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0191261521001880
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:154:y:2021:i:c:p:125-146

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

DOI: 10.1016/j.trb.2021.10.005

Access Statistics for this article

Transportation Research Part B: Methodological is currently edited by Fred Mannering

More articles in Transportation Research Part B: Methodological from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:transb:v:154:y:2021:i:c:p:125-146