A Surge Type Pricing In Ridesharing Systems Is Stability Optimal
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A Surge Type Pricing In Ridesharing Systems Is Stability Optimal
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Author : Costas Courcoubetis
language : en
Publisher:
Release Date : 2018
A Surge Type Pricing In Ridesharing Systems Is Stability Optimal written by Costas Courcoubetis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
The availability of drivers at a certain location affects the waiting time of passengers that arrive to be served by the platform. We introduce a queueing model for this waiting time and consider the effect on stability of available drivers' mobility pattern, their willingness to accept rides in a given location, and the incentives offered by the platform. For any fixed number of drivers, we characterize the largest set of passenger arrival rates which can result to stable queues under some policy dictating the movement of available drivers and their acceptance of rides. It turns out that any such policy can be enforced by offering appropriate region-dependent rewards to drivers for passenger pick up. Next, we show that dynamic rewards which are proportional to the passenger queue lengths, have the property of stabilizing queues for any arrival rates within the stability region. Seen from the perspective of drivers, such rewards - which resemble surge pricing - maximize their utilization.
Sharing Economy
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Author : Ming Hu
language : en
Publisher: Springer
Release Date : 2019-01-11
Sharing Economy written by Ming Hu and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-11 with Business & Economics categories.
This edited book examines the challenges and opportunities arising from today’s sharing economy from an operations management perspective. Individual chapter authors present state-of-the-art research that examines the general impact of sharing economy on production and consumption; the intermediary role of a sharing platform; crowdsourcing management; and context-based operational problems. Sharing economy refers to a market model that enables and facilitates the sharing of access to goods and services. For example, Uber allows riders to share a car. Airbnb allows homeowners to share their extra rooms with renters. Groupon crowdsources demands, enabling customers to share the benefit of discounted goods and services, whereas Kickstarter crowdsources funds, enabling backers to fund a project jointly. Unlike the classic supply chain settings in which a firm makes inventory and supply decisions, in sharing economy, supply is crowdsourced and can be modulated by a platform. The matching-supply-with-demand process in a sharing economy requires novel perspectives and tools to address challenges and identify opportunities. The book is comprised of 20 chapters that are divided into four parts. The first part explores the general impact of sharing economy on the production, consumption, and society. The second part explores the intermediary role of a sharing platform that matches crowdsourced supply with demand. The third part investigates the crowdsourcing management on a sharing platform, and the fourth part is dedicated to context-based operational problems of popular sharing economy applications. “While sharing economy is becoming omnipresence, the operations management (OM) research community has begun to explore and examine different business models in the transportation, healthcare, financial, accommodation, and sourcing sectors. This book presents a collection of the state-of-the-art research work conducted by a group of world-leading OM researchers in this area. Not only does this book cover a wide range of business models arising from the sharing economy, but it also showcases different modeling frameworks and research methods that cannot be missed. Ultimately, this book is a tour de force – informative and insightful!” Christopher S. Tang Distinguished Professor and Edward Carter Chair in Business Administration UCLA Anderson School of Management
Pricing And Revenue Optimization
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Author : Robert Phillips
language : en
Publisher: Stanford University Press
Release Date : 2005-08-05
Pricing And Revenue Optimization written by Robert Phillips and has been published by Stanford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-05 with Business & Economics categories.
This is the first comprehensive introduction to the concepts, theories, and applications of pricing and revenue optimization. From the initial success of "yield management" in the commercial airline industry down to more recent successes of markdown management and dynamic pricing, the application of mathematical analysis to optimize pricing has become increasingly important across many different industries. But, since pricing and revenue optimization has involved the use of sophisticated mathematical techniques, the topic has remained largely inaccessible to students and the typical manager. With methods proven in the MBA courses taught by the author at Columbia and Stanford Business Schools, this book presents the basic concepts of pricing and revenue optimization in a form accessible to MBA students, MS students, and advanced undergraduates. In addition, managers will find the practical approach to the issue of pricing and revenue optimization invaluable. Solutions to the end-of-chapter exercises are available to instructors who are using this book in their courses. For access to the solutions manual, please contact [email protected].
Traffic Congestion
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Author : Alberto Bull
language : en
Publisher: Santiago, Chile : United Nations, Economic Commission for Latin America and the Caribbean
Release Date : 2003
Traffic Congestion written by Alberto Bull and has been published by Santiago, Chile : United Nations, Economic Commission for Latin America and the Caribbean this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Technology & Engineering categories.
Connected And Autonomous Vehicles In Smart Cities
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Author : Hussein T. Mouftah
language : en
Publisher: CRC Press
Release Date : 2020-12-17
Connected And Autonomous Vehicles In Smart Cities written by Hussein T. Mouftah and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-17 with Technology & Engineering categories.
This book presents a comprehensive coverage of the five fundamental yet intertwined pillars paving the road towards the future of connected autonomous electric vehicles and smart cities. The connectivity pillar covers all the latest advancements and various technologies on vehicle-to-everything (V2X) communications/networking and vehicular cloud computing, with special emphasis on their role towards vehicle autonomy and smart cities applications. On the other hand, the autonomy track focuses on the different efforts to improve vehicle spatiotemporal perception of its surroundings using multiple sensors and different perception technologies. Since most of CAVs are expected to run on electric power, studies on their electrification technologies, satisfaction of their charging demands, interactions with the grid, and the reliance of these components on their connectivity and autonomy, is the third pillar that this book covers. On the smart services side, the book highlights the game-changing roles CAV will play in future mobility services and intelligent transportation systems. The book also details the ground-breaking directions exploiting CAVs in broad spectrum of smart cities applications. Example of such revolutionary applications are autonomous mobility on-demand services with integration to public transit, smart homes, and buildings. The fifth and final pillar involves the illustration of security mechanisms, innovative business models, market opportunities, and societal/economic impacts resulting from the soon-to-be-deployed CAVs. This book contains an archival collection of top quality, cutting-edge and multidisciplinary research on connected autonomous electric vehicles and smart cities. The book is an authoritative reference for smart city decision makers, automotive manufacturers, utility operators, smart-mobility service providers, telecom operators, communications engineers, power engineers, vehicle charging providers, university professors, researchers, and students who would like to learn more about the advances in CAEVs connectivity, autonomy, electrification, security, and integration into smart cities and intelligent transportation systems.
Sustainability Assessments Of Urban Systems
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Author : Claudia R. Binder
language : en
Publisher: Cambridge University Press
Release Date : 2020-03-26
Sustainability Assessments Of Urban Systems written by Claudia R. Binder and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-26 with Business & Economics categories.
Provides guidelines for assessing the sustainability of urban systems including theory, methods and case studies.
Port Economics Management And Policy
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Author : Theo Notteboom
language : en
Publisher: Routledge
Release Date : 2022-01-31
Port Economics Management And Policy written by Theo Notteboom and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-31 with Transportation categories.
Port Economics, Management and Policy provides a comprehensive analysis of the contemporary port industry, showing how ports are organized to serve the global economy and support regional and local development. Structured in eight sections plus an introduction and epilog, this textbook examines a wide range of seaport topics, covering maritime shipping and international trade, port terminals, port governance, port competition, port policy and much more. Key features of the book include: Multidisciplinary perspective, drawing on economics, geography, management science and engineering Multisector analysis including containers, bulk, break-bulk and the cruise industry Focus on the latest industry trends, such as supply chain management, automation, digitalization and sustainability Benefitting from the authors’ extensive involvement in shaping the port sector across five continents, this text provides students and scholars with a valuable resource on ports and maritime transport systems. Practitioners and policymakers can also use this as an essential guide towards better port management and governance.
Linear And Nonlinear Optimization
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Author : Igor Griva
language : en
Publisher: SIAM
Release Date : 2009-03-26
Linear And Nonlinear Optimization written by Igor Griva and has been published by SIAM this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-03-26 with Mathematics categories.
Flexible graduate textbook that introduces the applications, theory, and algorithms of linear and nonlinear optimization in a clear succinct style, supported by numerous examples and exercises. It introduces important realistic applications and explains how optimization can address them.
Labor Economics Second Edition
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Author : Pierre Cahuc
language : en
Publisher: MIT Press
Release Date : 2014-08-01
Labor Economics Second Edition written by Pierre Cahuc and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-01 with Business & Economics categories.
The new edition of a widely used, comprehensive graduate-level text and professional reference covering all aspects of labor economics, with substantial new material. This landmark graduate-level text combines depth and breadth of coverage with recent, cutting-edge work in all the major areas of modern labor economics. Its command of the literature and its coverage of the latest theoretical, methodological, and empirical developments make it also a valuable resource for practicing labor economists. This second edition has been substantially updated and augmented. It incorporates examples drawn from many countries, and it presents empirical methods using contributions that have proved to be milestones in labor economics. The data and codes of these research publications, as well as numerous tables and figures describing the functioning of labor markets, are all available on a dedicated website (www.labor-economics.org), along with slides that can be used as course aids and a discussion forum. This edition devotes more space to the analysis of public policy and the levers available to policy makers, with new chapters on such topics as discrimination, globalization, income redistribution, employment protection, and the minimum wage or labor market programs for the unemployed. Theories are explained on the basis of the simplest possible models, which are in turn related to empirical results. Mathematical appendixes provide a toolkit for understanding the models.
Matching Supply With Demand
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Author : Gérard Cachon
language : en
Publisher: Irwin/McGraw-Hill
Release Date : 2009
Matching Supply With Demand written by Gérard Cachon and has been published by Irwin/McGraw-Hill this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Operations research categories.
Matching supply with demand, this book is suitable for operations management MBAs. It demands rigorous analysis on the part of students without requiring consistent use of sophisticated mathematical modeling to perform it.