Cumulative Prospect Theory Based Dynamic Pricing for Shared Mobility on Demand Services

Cumulative Prospect Theory (CPT) is a modeling tool widely used in behavioral economics and cognitive psychology that captures subjective decision making of individuals under risk or uncertainty. In this paper, we propose a dynamic pricing strategy for Shared Mobility on Demand Services (SMoDSs) using a passenger behavioral model based on CPT. This dynamic pricing strategy together with dynamic routing via a constrained optimization algorithm that we have developed earlier, provide a complete solution customized for SMoDS of multi-passenger transportation. The basic principles of CPT and the derivation of the passenger behavioral model in the SMoDS context are described in detail. The implications of CPT on dynamic pricing of the SMoDS are delineated using computational experiments involving passenger preferences. These implications include interpretation of the classic fourfold pattern of risk attitudes, strong risk aversion over mixed prospects, and behavioral preferences of self reference. Overall, it is argued that the use of the CPT framework corresponds to a crucial building block in designing socio-technical systems by allowing quantification of subjective decision making under risk or uncertainty that is perceived to be otherwise qualitative.Comment: 17 pages, 6 figures, and has been accepted for publication at the 58th Annual Conference on Decision and Control, 201

Mind the Gap – Passenger Arrival Patterns in Multi-agent Simulations

In most studies mathematical models are developed finding the expected waiting time to be a function of the headway. These models have in common that the proportion of passengers that arrive randomly at a public transport stop is less as headway in-creases. Since there are several factors of influence, such as social demographic or regional aspects, the reliability of public transport service and the level of passenger information, the threshold headway for the transition from random to coordinated passenger arrivals vary from study to study. This study's objective is to investigate if an agent-based model exhibits realistic passenger arrival behavior at transit stops. This objective is approached by exploring the sensitivity of the agents' arrival behavior towards (1) the degree of learning, (2) the reliability of the experienced transit service, and (3) the service headway. The simulation experiments for a simple transit corridor indicate that the applied model is capable of representing the complex passenger arrival behavior observed in reality. (1) For higher degrees of learning, the agents tend to over-optimize, i.e. they try to obtain the latest possible departure time exact to the second. An approach is presented which increases the diversity in the agents' travel alternatives and results in a more realistic behavior. (2) For a less reliable service the agents' time adaptation changes in that a buffer time is added between their arrival at the stop and the actual departure of the vehicle. (3) For the modification of the headway the simulation outcome is consistent with the literature on arrival patterns. Smaller headways yield a more equally distributed arrival pattern whereas larger headways result in more coordinated arrival patterns

Urban and extra-urban hybrid vehicles: a technological review

Pollution derived from transportation systems is a worldwide, timelier issue than ever. The abatement actions of harmful substances in the air are on the agenda and they are necessary today to safeguard our welfare and that of the planet. Environmental pollution in large cities is approximately 20% due to the transportation system. In addition, private traffic contributes greatly to city pollution. Further, “vehicle operating life” is most often exceeded and vehicle emissions do not comply with European antipollution standards. It becomes mandatory to find a solution that respects the environment and, realize an appropriate transportation service to the customers. New technologies related to hybrid –electric engines are making great strides in reducing emissions, and the funds allocated by public authorities should be addressed. In addition, the use (implementation) of new technologies is also convenient from an economic point of view. In fact, by implementing the use of hybrid vehicles, fuel consumption can be reduced. The different hybrid configurations presented refer to such a series architecture, developed by the researchers and Research and Development groups. Regarding energy flows, different strategy logic or vehicle management units have been illustrated. Various configurations and vehicles were studied by simulating different driving cycles, both European approval and homologation and customer ones (typically municipal and university). The simulations have provided guidance on the optimal proposed configuration and information on the component to be used

Passenger Flows in Underground Railway Stations and Platforms, MTI Report 12-43

Urban rail systems are designed to carry large volumes of people into and out of major activity centers. As a result, the stations at these major activity centers are often crowded with boarding and alighting passengers, resulting in passenger inconvenience, delays, and at times danger. This study examines the planning and analysis of station passenger queuing and flows to offer rail transit station designers and transit system operators guidance on how to best accommodate and manage their rail passengers. The objectives of the study are to: 1) Understand the particular infrastructural, operational, behavioral, and spatial factors that affect and may constrain passenger queuing and flows in different types of rail transit stations; 2) Identify, compare, and evaluate practices for efficient, expedient, and safe passenger flows in different types of station environments and during typical (rush hour) and atypical (evacuations, station maintenance/ refurbishment) situations; and 3) Compile short-, medium-, and long-term recommendations for optimizing passenger flows in different station environments