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PAC Learning with Bandit Feedback: Sharp Sample Complexity in the Realizable Setting Algorithms with Polynomially-Improved Approximation Factors for the $2 \rightarrow q$ Norm, and Applications A computational phase transition for learning-to-sample from Ising models Covering vertices by sequential stars Fermi-Dirac machines as quantizations of neurons A Comprehensive Evaluation of Vertex Elimination Algorithms for Algorithmic Differentiation A Tight Bound on Localization of Electrical Flows Optimal Dimension-Free Sampling for Regularized Classification Reducing the Randomness in Partition Oracles for Bounded Degree Minor-Free Graphs Beyond the Half-Approximation: Fair and Efficient Online Class Matching Efficient Uniform Sampling of Surjections via their Profiles Tractable Maximization of Budgeted Phylogenetic Diversity on Networks Utilizing Node Scanwidth Fairness in Aggregation: Optimal Top-$k$ and Improved Full Ranking Learning-Augmented Online Scheduling with Parsimonious Preemption Entropy Equivalence Testing Lumberjack: Better Differentially Private Random Forests through Heavy Hitter Detection in Trees The Secretary Problem with a Stochastic Precursor Polynomial-Time Robust Multiclass Linear Classification under Gaussian Marginals Efficient Banzhaf-Based Data Valuation for $k$-Nearest Neighbors Classification Block-Sphere Vector Quantization An Approximation Algorithm for Graph Label Selection Iterative Chow Filtering for Learning with Distribution Shift Complexity of Non-Log-Concave Sampling in Fisher Information Stochastic Matching via Local Sparsification Finite Sample Bounds for Learning with Score Matching What is Learnable in Valiant's Theory of the Learnable? Provable Quantization with Randomized Hadamard Transform Min-Max Optimization Requires Exponentially Many Queries Fast and Compact Graph Cuts for the Boykov-Kolmogorov Algorithm A proximal gradient algorithm for composite log-concave sampling
Vehicle Redistribution in Ride-Sourcing Markets using Con...
Renos Karamanis, Eleftherios Anastasiadis, Marc Stettler, Panagi · 2020-06-14 · via cs.DS updates on arXiv.org

Ride-sourcing platforms often face imbalances in the demand and supply of rides across areas in their operating road-networks. As such, dynamic pricing methods have been used to mediate these demand asymmetries through surge price multipliers, thus incentivising higher driver participation in the market. However, the anticipated commercialisation of autonomous vehicles could transform the current ride-sourcing platforms to fleet operators. The absence of human drivers fosters the need for empty vehicle management to address any vehicle supply deficiencies. Proactive redistribution using integer programming and demand predictive models have been proposed in research to address this problem. A shortcoming of existing models, however, is that they ignore the market structure and underlying customer choice behaviour. As such, current models do not capture the real value of redistribution. To resolve this, we formulate the vehicle redistribution problem as a non-linear minimum cost flow problem which accounts for the relationship of supply and demand of rides, by assuming a customer discrete choice model and a market structure. We demonstrate that this model can have a convex domain, and we introduce an edge splitting algorithm to solve a transformed convex minimum cost flow problem for vehicle redistribution. By testing our model using simulation, we show that our redistribution algorithm can decrease wait times by more than 50%, increase profit up to 10% with less than 20% increase in vehicle mileage. Our findings outline that the value of redistribution is contingent on localised market structure and customer behaviour.