New algorithm finds best routes for one-way car sharing

Monday, June 24, 2013 - 03:30 in Mathematics & Economics

Need a car, but don’t want the hassle of owning one? Today, there are many services to help you get around this jam, including traditional car-rental companies, taxis, and car-sharing programs such as Zipcar and Greenwheels. But what if you want to drive a car without the inconvenience of having to return it to your starting point? That’s where a concept called “mobility on demand” comes in. Essentially a one-way vehicle-sharing system, mobility on demand typically consists of a fleet of vehicles, parked in a network of stations, and available for short-term rentals. A driver can pick up a vehicle, and drop it off later at a station closest to his or her destination. Mobility on demand has gained traction in recent years as a convenient and sustainable form of transportation, primarily with bicycle-sharing programs like Hubway in Boston. But adapting the concept to passenger cars has been more of...

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