DROP: Deep relocating option policy for optimal ride-hailing vehicle repositioning

نویسندگان

چکیده

In a ride-hailing system, an optimal relocation of vacant vehicles can significantly reduce fleet idling time and balance the supply–demand distribution, enhancing system efficiency promoting driver satisfaction retention. Model-free deep reinforcement learning (DRL) has been shown to dynamically learn relocating policy by actively interacting with intrinsic dynamics in large-scale systems. However, issues sparse reward signals unbalanced demand supply distribution place critical barriers developing effective DRL models. Conventional exploration strategy (e.g., ϵ-greedy) may barely work under such environment because dithering low-demand regions distant from high-revenue regions. This study proposes option (DROP) that supervises vehicle agents escape oversupply areas effectively relocate potentially underserved areas. We propose Laplacian embedding time-expanded graph, as approximation representation policy. The generates task-agnostic signals, which combination task-dependent constitute pseudo-reward function for generating DROPs. present hierarchical framework trains high-level set low-level note DROP is general method be incorporated into existing model-free RL advances further improvements applications. effectiveness our approach demonstrated using custom-built high-fidelity simulator real-world trip record data. report improves baseline value iteration algorithms resolve issue

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

PrivateRide: A Privacy-Enhanced Ride-Hailing Service

In the past few years, we have witnessed a rise in the popularity of ride-hailing services (RHSs), an online marketplace that enables accredited drivers to use their own cars to drive ride-hailing users. Unlike other transportation services, RHSs raise significant privacy concerns, as providers are able to track the precise mobility patterns of millions of riders worldwide. We present the first...

متن کامل

ORide: A Privacy-Preserving yet Accountable Ride-Hailing Service

In recent years, ride-hailing services (RHSs) have become increasingly popular, serving millions of users per day. Such systems, however, raise significant privacy concerns, because service providers are able to track the precise mobility patterns of all riders and drivers. In this paper, we propose ORide (Oblivious Ride), a privacypreserving RHS based on somewhat-homomorphic encryption with op...

متن کامل

Optimal dividend policy and growth option

We analyse the interaction between dividend policy and investment decision in a growth opportunity of a liquidity constrained firm. This leads us to study a mixed singular control/optimal stopping problem for a diffusion that we solve quasi-explicitly establishing connections with two auxiliary optimal stopping problems. We characterize situations where it is optimal to postpone dividend distri...

متن کامل

An investigation into machine learning approaches for forecasting spatio-temporal demand in ride-hailing service

In this paper, we present machine learning approaches for characterizing and forecasting the short-term demand for on-demand ride-hailing services. We propose the spatio-temporal estimation of the demand that is a function of variable effects related to traffic, pricing and weather conditions. With respect to the methodology, a single decision tree, bootstrap-aggregated (bagged) decision trees,...

متن کامل

Optimal Investment Policy for Real Option Problems with Regime Switching

Real option analysis (ROA) is a way of valuing real assets by invoking option pricing theory. In contrast to the traditional net present value approach, ROA makes it possible to explicitly incorporating management flexibility. Because of such advantages, ROA has become an important tool for project valuation and is widely used in practice. In this paper, we develop a real option model with regi...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Transportation Research Part C-emerging Technologies

سال: 2022

ISSN: ['1879-2359', '0968-090X']

DOI: https://doi.org/10.1016/j.trc.2022.103923