Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/99460
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dc.contributorDepartment of Aeronautical and Aviation Engineeringen_US
dc.creatorXi, Hen_US
dc.creatorLiu, Wen_US
dc.creatorWaller, STen_US
dc.creatorHensher, DAen_US
dc.creatorKilby, Pen_US
dc.creatorRey, Den_US
dc.date.accessioned2023-07-10T03:01:33Z-
dc.date.available2023-07-10T03:01:33Z-
dc.identifier.issn0191-2615en_US
dc.identifier.urihttp://hdl.handle.net/10397/99460-
dc.language.isoenen_US
dc.publisherPergamon Pressen_US
dc.rights© 2023 Elsevier Ltd. All rights reserved.en_US
dc.rights© 2023. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/.en_US
dc.rightsThe following publication Xi, H., Liu, W., Waller, S. T., Hensher, D. A., Kilby, P., & Rey, D. (2023). Incentive-compatible mechanisms for online resource allocation in Mobility-as-a-Service systems. Transportation Research Part B: Methodological, 170, 119-147 is available at https://dx.doi.org/10.1016/j.trb.2023.02.011.en_US
dc.subjectAuctionsen_US
dc.subjectIncentive-compatibilityen_US
dc.subjectMobility-as-a-Serviceen_US
dc.subjectOnline resource allocationen_US
dc.titleIncentive-compatible mechanisms for online resource allocation in Mobility-as-a-Service systemsen_US
dc.typeJournal/Magazine Articleen_US
dc.identifier.spage119en_US
dc.identifier.epage147en_US
dc.identifier.volume170en_US
dc.identifier.doi10.1016/j.trb.2023.02.011en_US
dcterms.abstractIn the context of Mobility-as-a-Service (MaaS), the transportation sector has been evolving towards user-centric business models, which put the user experience and tailored mobility solutions at the center of the offer. The emerging concept of MaaS emphasizes that users value experience-relevant factors, e.g., service time, inconvenience cost, and travel delay, over segmented travel modes choices. This study proposes an auction-based mechanism and tractable optimization models for the demand-side management of MaaS systems wherein users’ trip requests are represented as mode-agnostic mobility resources. Users’ requests arrive dynamically in the MaaS system and users compete for mobility resources by bidding for mobility services based on their willingness to pay and experience-relevant preferences. We take the perspective of a MaaS platform regulator who aims to maximize social welfare by optimally allocating mobility resources to users in real-time. The MaaS regulator first decides whether to offer each user a MaaS bundle and identifies the optimal allocation of mobility resources for the selected users. Users have the possibility to accept or reject offered MaaS bundles by comparing the associated utility obtained from MaaS with a reserve utility obtained from other travel options. We introduce mixed-integer programming formulations for this online mobility resource allocation problem. We show that the proposed MaaS mechanism is incentive-compatible, individually rational, budget balanced, and computationally efficient. We propose a polynomial-time online algorithm and derive its competitive ratio relative to an offline algorithm. We also explore rolling horizon configurations with varying look-ahead policies to implement the proposed mechanism. Extensive numerical simulations conducted on large-scale instances generated from realistic mobility data highlight the benefits of the proposed mechanism.en_US
dcterms.accessRightsopen accessen_US
dcterms.bibliographicCitationTransportation research. Part B, Methodological, Apr. 2023, v. 170, , p. 119-147en_US
dcterms.isPartOfTransportation research. Part B, Methodologicalen_US
dcterms.issued2023-04-
dc.identifier.scopus2-s2.0-85149058116-
dc.identifier.eissn1879-2367en_US
dc.description.validate202307 bcvcen_US
dc.description.oaAccepted Manuscripten_US
dc.identifier.FolderNumbera2189b-
dc.identifier.SubFormID46952-
dc.description.fundingSourceOthersen_US
dc.description.fundingTextAustralian Research Councilen_US
dc.description.pubStatusPublisheden_US
dc.description.oaCategoryGreen (AAM)en_US
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