WebSenior engineer in the horizontal ML efficiency platform, in charge of the development of the ML-based improvements for a Yandex Ridesharing & Foodtech Businees platform. Highlights: - Dynamic pricing algorithm for taxi service and food delivery, including surge pricing. - ML based dispatch optimisation for riders. - Rider destination prediction. WebDec 15, 2024 · In particular, advanced matching and dynamic pricing (DP) algorithms—the two key levers in ride‐hailing—have received tremendous attention from the research community and are continuously being...
A Deep Reinforcement Learning Based Dynamic Pricing ... - Springer
WebFeb 1, 2024 · Accordingly, we perform numerical experiments and reveal that the dynamic pricing strategy not only results in a higher profit to the ridesharing platform but also … WebNov 2, 2024 · As ridesharing services (including taxi) are often run by private companies, profitability is the top priority in operation. This leads to an increase in the driver’s … small condom size brands
Dynamic Pricing and Matching in Ride-Hailing Platforms - SSRN
Webing platforms. Rather than focusing on dynamic pricing, they either optimize the process of matching passengers to drivers [2, 21] or pro-vide pricing mechanisms for splitting the fares between drivers and the platform provider [1, 10]. In particular, in two of our own prior works [1, 2], we assumed the original price of each ride is given and WebFeb 1, 2024 · Surge pricing, a variant of the dynamic pricing strategy, has been used as a short-term cure for the imbalance between ride demand and supply (typically drivers) by many ridesharing platforms (Chen and Sheldon, 2015). The way it works is that, when drivers/vehicles in a certain area are in deficit compared to the ride demand, MSPs … WebConsidering the congestion evolution over time, we propose a time-varying compensation scheme to maintain a positive ridesharing ridership at user equilibrium. To match the demand and the supply of ridesharing service over time, the compensation scheme should be set according to the inconvenience cost functions and the out-of-pocket cost functions. small concrete repairs near me