matching mechanism

Wednesday, May 16, 2018 - 11:30am - 12:00pm
Guangwen Kong (University of Minnesota, Twin Cities)
Recently, there has been a rapid rise of on-demand ride-hailing platforms, such as Uber and Didi, which allow passengers with smartphones to submit trip requests and match them to drivers based on their locations and drivers' availability. This increased demand has raised questions about how such a new matching mechanism will affect the efficiency of the transportation system, in particular, whether it will help reduce passengers' average waiting time compared to traditional street-hailing systems.
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