EURO Working Group Meeting on Stochastic Modeling (StochMod) in Amsterdam, the Netherlands

StochMod – the biennial meeting of the EURO Working Group on Stochastic Modeling – is the leading European forum for researchers and practitioners in stochastic modeling. This year, the ninth edition of StochMod took place in Amsterdam, organized by the Centrum Wiskunde & Informatica (CWI), the Netherlands’ national research institute for mathematics and computer science, and the Vrije Universiteit Amsterdam (VU).

Prof. Dr. Uta Mohring presented her recent work on the effectiveness of driver wage policies in ride-hailing networks with strategic drivers.

When matching rider requests with drivers over a spatial network, ride-hailing platforms face two important challenges: (i) there are significant spatial demand imbalances that require some repositioning of drivers; (ii) drivers strategically decide whether to participate in the platform and if so, when and where to reposition. The work characterizes how the effectiveness of driver wage policies under decentralized repositioning depends on the interplay of demand imbalances, wage flexibility, and the congestion-sensitivity and spatial relations of travel times.

Link to the conference webpage: StochMod Conference in Amsterdam
Link to the EURO Working Group on Stochastic Modeling: EURO Working Group on Stochastic Modeling