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pricing

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Maximization of a profit from a ride-hailing service is simulated as a function of a payment to drivers. Drivers work more as a price goes up, so the dependency estimated with curve fitting. For each price in the range during 12 months, car pools of totally 10,000 potential riders simulated. Limitation of 1000 pulls per month taken into account.

  • Updated Jun 7, 2023
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