TY - JOUR
T1 - Learning incentivization strategy for resource rebalancing in shared services with a budget constraint
AU - Ho, Shen Shyang
AU - Schofield, Matthew
AU - Wang, Ning
N1 - Publisher Copyright:
© 2021 Journal of Applied and Numerical Optimization.
PY - 2021/4
Y1 - 2021/4
N2 - In this paper, we describe the problem of learning an optimal incentivization strategy that maximizes the service level given a fixed budget constraint for a sharing service such as bike-sharing, car-sharing, etc. in a spatiotemporal environment. The service level can be affected due to an imbalance in supply and demand at different locations during a specific time period. We describe and present our study and comparison of various reinforcement learning algorithms on a 1-D problem setting in a simulated bike-share system with a budget constraint on the incentives. We empirically study the performance of three policy gradient based reinforcement learning algorithms, namely: Proximal Policy Optimization (PPO), Trust Region Policy Optimization (TRPO), and Actor Critic using Kronecker-Factored Trust Region (ACKTR).
AB - In this paper, we describe the problem of learning an optimal incentivization strategy that maximizes the service level given a fixed budget constraint for a sharing service such as bike-sharing, car-sharing, etc. in a spatiotemporal environment. The service level can be affected due to an imbalance in supply and demand at different locations during a specific time period. We describe and present our study and comparison of various reinforcement learning algorithms on a 1-D problem setting in a simulated bike-share system with a budget constraint on the incentives. We empirically study the performance of three policy gradient based reinforcement learning algorithms, namely: Proximal Policy Optimization (PPO), Trust Region Policy Optimization (TRPO), and Actor Critic using Kronecker-Factored Trust Region (ACKTR).
UR - http://www.scopus.com/inward/record.url?scp=85105819729&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85105819729&partnerID=8YFLogxK
U2 - 10.23952/jano.3.2021.1.07
DO - 10.23952/jano.3.2021.1.07
M3 - Article
AN - SCOPUS:85105819729
SN - 2562-5527
VL - 3
SP - 105
EP - 114
JO - Journal of Applied and Numerical Optimization
JF - Journal of Applied and Numerical Optimization
IS - 1
ER -