DRLPG: Reinforced Opponent-Aware Order Pricing for Hub Mobility Services

A modern service model known as the “hub-oriented” model has emerged with the development of mobility services. This model allows users to request vehicles from multiple companies (agents) simultaneously through a unified entry (a ‘hub’). In contrast to conventional services, the “hub-oriented” model emphasizes pricing competition. To address this scenario, an agent should consider its competitors when developing its pricing strategy. In this paper, we introduce DRLPG, a mixed opponent-aware pricing method, which consists of two main components: the two-stage guarantor and the end-to-end deep reinforcement learning (DRL) module, as well as interaction mechanisms. In the guarantor, we design a prediction-decision framework. Specifically, we propose a new objective function for the spatiotemporal neural network in the prediction stage and utilize a traditional reinforcement learning method in the decision stage, respectively. In the end-to-end DRL framework, we explore the adoption of conventional DRL in the “hub-oriented” scenario. Finally, a meta-decider and an experience-sharing mechanism are proposed to combine both methods and leverage their advantages. We conduct extensive experiments on real data, and DRLPG achieves an average improvement of 99.9% and 61.1% in the peak and low peak periods, respectively. Our results demonstrate the effectiveness of our approach compared to the baseline.

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Publication Details

Journal
IEEE Transactions on Knowledge and Data Engineering
Published
2025-03-13
DOI
https://doi.org/10.1109/tkde.2025.3551147
Citations
1
Primary Topic
Transportation and Mobility Innovations
Type
article
Field-Weighted Citation Impact
0.68
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article

DRLPG: Reinforced Opponent-Aware Order Pricing for Hub Mobility Services

Rui Meng, Huaijie Zhu, Libin Zheng, Chen Zhang et al.
1 citations
IEEE Transactions on Knowledge and Data Engineering
Transportation and Mobility Innovations
0.68
article

DRLPG: Reinforced Opponent-Aware Order Pricing for Hub Mobility Services

Rui Meng, Huaijie Zhu, Libin Zheng, Chen Zhang, Wei Liu, Zuohan Wu, Han Yin
article en
1 citations

Abstract

A modern service model known as the “hub-oriented” model has emerged with the development of mobility services. This model allows users to request vehicles from multiple companies (agents) simultaneously through a unified entry (a ‘hub’). In contrast to conventional services, the “hub-oriented” model emphasizes pricing competition. To address this scenario, an agent should consider its competitors when developing its pricing strategy. In this paper, we introduce DRLPG, a mixed opponent-aware pricing method, which consists of two main components: the two-stage guarantor and the end-to-end deep reinforcement learning (DRL) module, as well as interaction mechanisms. In the guarantor, we design a prediction-decision framework. Specifically, we propose a new objective function for the spatiotemporal neural network in the prediction stage and utilize a traditional reinforcement learning method in the decision stage, respectively. In the end-to-end DRL framework, we explore the adoption of conventional DRL in the “hub-oriented” scenario. Finally, a meta-decider and an experience-sharing mechanism are proposed to combine both methods and leverage their advantages. We conduct extensive experiments on real data, and DRLPG achieves an average improvement of 99.9% and 61.1% in the peak and low peak periods, respectively. Our results demonstrate the effectiveness of our approach compared to the baseline.

IEEE Transactions on Knowledge and Data EngineeringVol. 37(6)
Beijing Normal-Hong Kong Baptist University (CN), Hong Kong Polytechnic University (HK), Sun Yat-sen University (CN), Hong Kong University of Science and Technology (HK), Zhejiang University (CN), University of Hong Kong (HK)
Openalex Percentile: Top 33%
Transportation and Mobility Innovations
0.68
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