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Excess demand prediction for bike sharing systems.

Xin Liu1, Konstantinos Pelechrinis1

  • 1Department of Informatics and Networked Systems, School of Computing and Information, University of Pittsburgh, Pittsburgh, PA, United States of America.

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Summary

This study introduces a new method to estimate unmet demand in shared mobility systems. It helps operators understand true demand patterns for better vehicle rebalancing and system efficiency.

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Area of Science:

  • Operations Research
  • Transportation Science
  • Data Science

Background:

  • Shared mobility systems (bikes, cars) require constant vehicle availability for success.
  • Rebalancing is crucial to manage vehicle distribution but relies on incomplete demand data.
  • Existing methods fail to capture unobserved demand, hindering accurate system analysis.

Purpose of the Study:

  • To develop a novel method for estimating excess demand and supply rates in shared transportation systems.
  • To improve the understanding of true demand patterns beyond observed trip data.
  • To provide insights for optimizing rebalancing strategies in mobility services.

Main Methods:

  • Identifying "excess demand pulses" (EDPs) in station availability data as indicators of unmet demand.
  • Utilizing trip and station availability data for demand-supply analysis.
  • Developing and applying a Skellam regression model to predict net demand.

Main Results:

  • The proposed method accurately estimates excess demand and supply rates.
  • Excess demand pulses serve as a reliable signal for unmet demand.
  • The Skellam regression model effectively predicts the difference between total demand and supply.

Conclusions:

  • The developed method enhances the analysis of shared mobility system dynamics.
  • Accurate estimation of excess demand is vital for effective rebalancing operations.
  • This approach offers a significant improvement over existing methods for understanding system-level demand.