5 papers
Price Cycles in Ridesharing Platforms
Chenkai Yu, Hongyao Ma, Adam Wierman
In ridesharing platforms such as Uber and Lyft, it is observed that drivers sometimes collaboratively go offline when the price is low, and then return after the price has risen du…
Penalty Bidding Mechanisms for Allocating Resources and Overcoming Present Bias
Hongyao Ma, Reshef Meir, David C. Parkes +1
From skipped exercise classes to last-minute cancellation of dentist appointments, underutilization of reserved resources abounds. Likely reasons include uncertainty about the futu…
Ridesharing with Driver Location Preferences
Duncan Rheingans-Yoo, Scott Duke Kominers, Hongyao Ma +1
We study revenue-optimal pricing and driver compensation in ridesharing platforms when drivers have heterogeneous preferences over locations. If a platform ignores drivers' locatio…
Social Choice with Non Quasi-linear Utilities
Hongyao Ma, Reshef Meir, David C. Parkes
Without monetary payments, the Gibbard-Satterthwaite theorem proves that under mild requirements all truthful social choice mechanisms must be dictatorships. When payments are allo…
Contract Design for Energy Demand Response
Reshef Meir, Hongyao Ma, Valentin Robu
Power companies such as Southern California Edison (SCE) uses Demand Response (DR) contracts to incentivize consumers to reduce their power consumption during periods when demand f…