Mechanism design for Mobility-as-a-Service platform considering travelers’ strategic behavior and multidimensional requirements
Xiaoshu Ding,
Qi Qi,
Sisi Jian and
Hai Yang
Transportation Research Part B: Methodological, 2023, vol. 173, issue C, 1-30
Abstract:
Mobility-as-a-Service (MaaS) is an emerging transport model which provides access to a combination of travel modes through a single platform. A MaaS operator sits between travelers and transport service providers (TSPs), acting as a broker who purchases mobility resources from individual TSPs, constructs seamless transport services, and then sells them to travelers in response to their demand. To ensure the sustainability of such platforms, the key challenge lies in matching travelers to TSPs so that travelers’ individual needs are satisfied, TSPs gain nonnegative profits and system efficiency is achieved. To solve this matching and pricing problem, travelers’ truthful valuations and travel requirements are needed, while such information is usually unknown to operators beforehand. In this study, we develop an auction-based online mobility resource allocation and pricing mechanism to solve this problem, taking into account travelers’ strategic behavior. We first propose an offline (static) mechanism using a Vickrey–Clarke–Groves (VCG) based pricing scheme to ensure incentive compatibility, individual rationality, and system efficiency. We then develop an online mechanism based on the dynamic learning algorithm to obtain the near-optimal solution and compare it to a customized greedy based algorithm. We compare both online mechanisms to the offline VCG based mechanism and theoretically prove the competitive ratios. The efficiency and performance of the proposed mechanisms are demonstrated through a numerical study.
Keywords: Mobility-as-a-Service (MaaS); Mechanism design; Auction; Resource allocation; Online algorithm (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S019126152300067X
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:173:y:2023:i:c:p:1-30
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.2023.04.004
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 ().