Projects per year
Abstract
This paper proposes a stochastic variant of the stable matching model from Rasulkhani and Chow [1] which allows microtransit operators to evaluate their operation policy and resource allocations. The proposed model takes into account the stochastic nature of users’ travel utility perception, resulting in a probabilistic stable operation cost allocation outcome to design ticket price and ridership forecasting. We applied the model for the operation policy evaluation of a microtransit service in Luxembourg and its border area. The methodology for the model parameters estimation and calibration is developed. The results provide useful insights for the operator and the government to improve the ridership of the service.
Original language | English |
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Title of host publication | 2020 Forum on Integrated and Sustainable Transportation Systems (FISTS) |
Place of Publication | Delft |
Publisher | IEEE (Institute of Electrical and Electronics Engineers) |
Pages | 121-126 |
DOIs | |
Publication status | Published - 24 Nov 2020 |
Keywords
- Resource management
- Transportation
- Mathematical model
- Stochastic processes
- Games
- Urban areas
- Pricing
Projects
- 1 Finished
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ModLux: Developing mobility-on-demand solutions for sustainable mobility - the case of Luxembourg
Ma, T., Klein, S. & Chow, J. Y. J.
Luxembourg National Research Fund (FNR)
1/07/17 → 31/08/19
Project: Research