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• W4281727568 abstract "Traffic congestion during peak periods has become a serious issue around the globe, partly due to the high number of single-occupancy commuter trips. Peer-to-peer (P2P) ridesharing platforms can present a suitable alternative for serving commuter trips. However, they face a major obstacle that prevents them from being a viable mode of transportation in practice: ridesharing users often provide tight time windows, which ultimately leads to a low matching rate. This study addresses this issue by introducing a subsidy scheme that allocates incentives to encourage a few carefully selected set of travelers to change their desired departure or arrival times, and thereby form successful matches. In order to implement this scheme for a ridesharing platform in the existence of private information, we propose an auction-based mechanism that guarantees truthfulness, individual rationality, budget-balance, and computational efficiency. Using numerical experiments, we show the merits of the proposed subsidy scheme when compared to its no-deficit variant as well as the conventional VCG mechanism." @default.
• W4281727568 created "2022-06-13" @default.
• W4281727568 creator A5026215010 @default.
• W4281727568 creator A5083290583 @default.
• W4281727568 date "2022-08-01" @default.
• W4281727568 modified "2023-10-10" @default.
• W4281727568 title "A truthful subsidy scheme for a peer-to-peer ridesharing market with incomplete information" @default.
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• W4281727568 doi "https://doi.org/10.1016/j.trb.2022.05.010" @default.
• W4281727568 hasPublicationYear "2022" @default.
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