Search Results for author: Mengjing Chen

Found 1 papers, 0 papers with code

Optimal Vehicle Dispatching Schemes via Dynamic Pricing

no code implementations6 Jul 2017 Mengjing Chen, Weiran Shen, Pingzhong Tang, Song Zuo

To this end, we use a so-called "ironing" technique to convert the problem into an equivalent convex optimization one via a clean Markov decision process (MDP) formulation, where the states are the driver distributions and the decision variables are the prices for each pair of locations.

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