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Optimization and strategic behavior in a passenger-taxi service system
Shi,Ying1; Lian,Zhaotong2
2016-03-16
Source PublicationEuropean Journal of Operational Research
ISSN0377-2217
Volume249Issue:3Pages:1024-1032
Abstract

We study a passenger-taxi problem in this paper. The objective to maximize the social welfare and optimize the allocation of taxi market resources. We analyze the strategic behavior of passengers who decide whether to join the system or balk in both observable and unobservable cases. In observable case, we obtain the optimal selfish threshold that maximizes their individual revenues and give the conditions of the existence of the optimal selfless threshold that maximize the social welfare. In unobservable case, we discuss the equilibrium strategies for the selfish passengers and derive the optimal arrival rate for the socially concerned passengers. Further, we analyze how the government controls the number of taxis by subsidizing taxis or levying a tax on taxis.

KeywordDouble-ended Queueing System Equilibrium Optimization Strategic Behavior Threshold
DOIhttp://doi.org/10.1016/j.ejor.2015.07.031
URLView the original
Indexed BySCI ; SSCI
Language英语
WOS Research AreaBusiness & Economics ; Operations Research & Management Science
WOS SubjectManagement ; Operations Research & Management Science
WOS IDWOS:000370463500021
PublisherELSEVIER SCIENCE BV, PO BOX 211, 1000 AE AMSTERDAM, NETHERLANDS
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Cited Times [WOS]:19   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionFaculty of Business Administration
DEPARTMENT OF ACCOUNTING AND INFORMATION MANAGEMENT
Corresponding AuthorLian,Zhaotong
Affiliation1.School of Information,Zhejiang University of Finance and Economics,,China
2.Faculty of Business Administration,University of Macau,,Macao
Corresponding Author AffilicationFaculty of Business Administration
Recommended Citation
GB/T 7714
Shi,Ying,Lian,Zhaotong. Optimization and strategic behavior in a passenger-taxi service system[J]. European Journal of Operational Research,2016,249(3):1024-1032.
APA Shi,Ying,&Lian,Zhaotong.(2016).Optimization and strategic behavior in a passenger-taxi service system.European Journal of Operational Research,249(3),1024-1032.
MLA Shi,Ying,et al."Optimization and strategic behavior in a passenger-taxi service system".European Journal of Operational Research 249.3(2016):1024-1032.
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