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A real-time algorithm to solve the peer-to-peer ride-matching problem in a flexible ridesharing system

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  • Masoud, Neda
  • Jayakrishnan, R.

Abstract

Real-time peer-to-peer ridesharing is a promising mode of transportation that has gained popularity during the recent years thanks to the wide-spread use of smart phones, mobile application development platforms, and online payment systems. An assignment of drivers to riders, known as the ride-matching problem, is a central component of a peer-to-peer ridesharing system. In this paper we discuss the features of a flexible ridesharing system and propose an algorithm to optimally solve the ride-matching problem in a flexible ridesharing system in real-time. We generate random instances of the problem, and perform sensitivity analysis over some of the important parameters in a ridesharing system. Furthermore, we discuss two novel approaches to increase the performance of a ridesharing system.

Suggested Citation

  • Masoud, Neda & Jayakrishnan, R., 2017. "A real-time algorithm to solve the peer-to-peer ride-matching problem in a flexible ridesharing system," Transportation Research Part B: Methodological, Elsevier, vol. 106(C), pages 218-236.
    • Handle: RePEc:eee:transb:v:106:y:2017:i:c:p:218-236
    DOI: 10.1016/j.trb.2017.10.006
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    References listed on IDEAS

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