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Monday, January 25, 2016

Pricing Vehicle Sharing with Proximity Information. (arXiv:1601.06672v1 [math.OC])

For vehicle sharing schemes, where drop-off positions are not fixed, we propose a pricing scheme, where the price depends in part on the distance between where a vehicle is being dropped off and where the closest shared vehicle is parked. Under certain restrictive assumptions, we show that this pricing leads to a socially optimal spread of the vehicles within a region.

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