This paper presents an application of the continuum traffic equilibrium model for the cordon-based congestion pricing problem. The traffic equilibrium model treats densely spaced roads as a continuum over which commuters are continuously dispersed. Suppose in the morning peak-hour, all commuters...

Under the current taxi licensing system in Hong Kong, holders of taxi licenses are given perpetual operating right in the taxi business. Since 1995, the government has not issued any new taxi licenses. Against this background, the freely traded taxi licenses are often held as an investment...

This paper proposes a general model for describing the equilibrium state of a ride-sourcing market with an arbitrary number of platforms competing with each other. As the number of platforms increases, the market changes from monopoly to duopoly, oligopoly, and finally perfect competition,...

With the rapid development and popularization of mobile and wireless communication technologies, ridesourcing companies have been able to leverage internet-based platforms to operate e-hailing services in many cities around the world. These companies connect passengers and drivers in real time...

With the recent rapid growth of technology-enabled mobility services, ride-sourcing platforms, such as Uber and DiDi, have launched commercial on-demand ride-pooling programs that allow drivers to serve more than one passenger request in each ride. Without requiring the prearrangement of trip...

Surge pricing is commonly used in on-demand ridesourcing platforms to dynamically balance demand and supply, although it is controversial and has long stimulated debate regarding its pros and cons. In practice, there is usually a reasonable or legitimate range of prices. However, such a...

By serving two or more passenger requests in each ride in ride-sourcing markets, ride-splitting service is now becoming an important component of shared smart mobility. It is generally expected to improve vehicle utilization rate, and therefore alleviate traffic congestion and reduce carbon...

With the availability of location information on drivers and passengers, ride-sourcing platforms are now able to provide more efficient online matching than the physical searching and meeting in traditional taxi market. The matching time interval (a time interval over which waiting passengers...

This paper explores the impacts of a novel business strategy, termed as platform integration, which provides a new option for customers to simultaneously request on-demand rides from multiple ride-sourcing platforms through a third-party integrator. Platform integration may strengthen platform...