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Title:

An Agent-Based Simulation Procedure for Measuring Market Potential of Shared Taxis: An Application to the Lisbon Municipality

Accession Number:

01332975

Record Type:

Component

Abstract:

This paper presents a simulation procedure to assess the market potential for the implementation of shared taxi services in urban areas. The proposed shared service has a new organizational design and pricing scheme which aims to use the capacity in traditional taxi services in a more efficient way. In this system, a taxi acting in “sharing” mode offers lower prices to its clients, in exchange for them to accept sharing the vehicle with other persons who have compatible trips (time and space), while also increasing the revenue for the operator. The paper proposes an agent based simulation model in which a set of rules for space and time matching between the shared taxis and passengers is identified which considers a maximum deviation from the original route and then presents an algorithm that seeks to optimize different objectives such as minimum cost per passenger.km, maximum revenue per vehicle.km, minimum passenger total in vehicle time, minimum vehicle idle time and equity among different taxis in the fleet. An experiment for Lisbon (Portugal) was conducted in order to test the model. Results point for the usefulness of such model in order to test the effect of different regular/shared taxi fleet compositions on a number of performance indicators such as average revenue, number of active taxis, taxi occupancy rates, and average waiting time for a taxi. With proper tuning and accurate survey data on the taxi market and consumer preferences this model shows great promise in order to help decision makers determining optimized parameters for taxi operations in order to improve level of service and the operators revenue through a more efficient use of the vehicles’ capacity.

Supplemental Notes:

The DVD lists the title of this paper as: Agent-Based Simulation Procedure for Measuring Market Potential of Shared Taxis: Application to Lisbon Municipality.

Monograph Accession #:

01329018

Report/Paper Numbers:

11-3147

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Martínez, Luis Miguel Garrido
Correia, Gonçalo Homem de Almeida
Viegas, Jose Manuel

Pagination:

17p

Publication Date:

2011

Conference:

Transportation Research Board 90th Annual Meeting

Location: Washington DC, United States
Date: 2011-1-23 to 2011-1-27
Sponsors: Transportation Research Board

Media Type:

DVD

Features:

Figures; Maps; References (19) ; Tables (2)

Uncontrolled Terms:

Geographic Terms:

Subject Areas:

Planning and Forecasting; Public Transportation; I72: Traffic and Transport Planning

Source Data:

Transportation Research Board Annual Meeting 2011 Paper #11-3147

Files:

TRIS, TRB

Created Date:

Feb 17 2011 6:25PM