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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 Title: Monograph Accession #: 01329018
Report/Paper Numbers: 11-3147
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Martínez, Luis Miguel GarridoCorreia, Gonçalo Homem de AlmeidaViegas, Jose ManuelPagination: 17p
Publication Date: 2011
Conference:
Transportation Research Board 90th Annual Meeting
Location:
Washington DC, United States Media Type: DVD
Features: Figures; Maps; References
(19)
; Tables
(2)
TRT Terms: 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
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