Dynamic Ride-Sharing - A Next Innovative Approach

Abstract

Taxi is the most popular type of on-demand transportation service system in urban areas because taxi sharing
system offer more and better services in terms of short waiting times and travel convenience. However, a shortage of taxicabs
has always been rare in many urban contexts especially during rush hours and taxi has great rate to maximize its efficiency
by employing shared-ride concepts. There are recent successes in real-time ridesharing projects that are expected to bring
substantial benefit on energy consumption and operation efficiency. Thus we have proposed a system which allows personal
car owner to share their car with the on-route passengers.