The Price of Shared Vehicles–On current and future Pricing Strategies in Mobility Sharing Systems

In recent years several vehicle sharing systems have emerged throughout the world. Despite their growth and increasing fleet sizes, there seems to be no universal design to establish a successful system. Therefore this paper assembles current trends and practices in configurations of existing vehicle sharing systems and emphasizes existing varieties. Further on there are several varying pricing mechanisms utilized in order to optimize revenues within these systems. This paper characterizes applied pricing mechanisms and gives an outline on advantages and drawbacks of these methods. In order to boost comparability, different use cases are illustrated and respective price charges are contrasted. Since established approaches only cover static mechanisms of pricing, this paper proposes a dynamic pricing mechanism for free-floating vehicle sharing in order to increase usage based on local and temporal demand. This mechanism is proposed to encourage further work in the field of dynamic pricing mechanisms in the field of vehicle sharing systems.     «

In recent years several vehicle sharing systems have emerged throughout the world. Despite their growth and increasing fleet sizes, there seems to be no universal design to establish a successful system. Therefore this paper assembles current trends and practices in configurations of existing vehicle sharing systems and emphasizes existing varieties. Further on there are several varying pricing mechanisms utilized in order to optimize revenues within these systems. This paper characterizes appli...     »