pith. sign in

arxiv: 1904.07987 · v1 · pith:2KKOSZBFnew · submitted 2019-04-16 · 💰 econ.GN · q-fin.EC

Can Mobility-on-Demand services do better after discerning reliability preferences of riders?

classification 💰 econ.GN q-fin.EC
keywords serviceanswermobility-on-demandpick-upquestionreliabilityridershipservices
0
0 comments X
read the original abstract

We formalize one aspect of reliability in the context of Mobility-on-Demand (MoD) systems by acknowledging the uncertainty in the pick-up time of these services. This study answers two key questions: i) how the difference between the stated and actual pick-up times affect the propensity of a passenger to choose an MoD service? ii) how an MoD service provider can leverage this information to increase its ridership? We conduct a discrete choice experiment in New York to answer the former question and adopt a micro-simulation-based optimization method to answer the latter question. In our experiments, the ridership of an MoD service could be increased by up to 10\% via displaying the predicted wait time strategically.

This paper has not been read by Pith yet.

discussion (0)

Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.