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.
Authors
- Rui Meng (ORCID: https://orcid.org/0000-0003-0486-1409)
- Huaijie Zhu (ORCID: https://orcid.org/0000-0001-8263-9032)
- Libin Zheng (ORCID: https://orcid.org/0000-0002-9339-1949)
- Chen Zhang (ORCID: https://orcid.org/0000-0002-3306-9317)
- Wei Liu (ORCID: https://orcid.org/0000-0001-9639-6190)
- Zuohan Wu (ORCID: https://orcid.org/0000-0001-6166-3690)
- Han Yin (ORCID: https://orcid.org/0000-0002-7021-9513)
Institutions
- 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)
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