11 DEC 2024 (WED) 19:00 – 20:00 (HKT) DTLS by Prof. Yafeng Yin
Bounded Rationality in Ridesourcing Drivers’ Dwelling at Transportation Terminals: A Behavioral Queueing Analysis SPEAKER Yafeng Yin,...
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BACKGROUND
The Distinguished Transport Lecture Series (DTLS) was launched in 2009. Each year, we invite internationally renowned and distinguished scholars to visit Hong Kong to deliver public lectures in the transport field, with the aim of promoting excellence in transport research and development in Hong Kong, as well as providing a platform for discussions and the exchange of views between international experts, scholars, local researchers, and professionals.
Distinguished Transport Lecture by Prof. Yafeng Yin, 11 Dec 2024 (WED) 19:00 – 20:00
Bounded Rationality in Ridesourcing Drivers’ Dwelling at Transportation Terminals: A Behavioral Queueing Analysis
SPEAKER
Yafeng Yin, Ph.D.
Donald Cleveland Collegiate Professor of Engineering
Donald Malloure Department Chair
Department of Civil and Environmental Engineering
University of Michigan, Ann Arbor
DATE AND TIME
11 Dec 2024, 7 pm -8 pm
Venue
Rayson Huang Theatre, The University of Hong Kong
ORGANISED BY
Institute of Transport Studies, The University of Hong Kong
ABSTRACT
This talk explores the boundedly rational behavior of ridesourcing drivers at transportation terminals through the lens of behavioral queueing theory. By incorporating concepts such as mental accounting and risk aversion, we develop a theoretical model of idle drivers’ queueing decisions and propose hypotheses to capture their bounded rationality. Using empirical data from Tianjin, China, we find that drivers are influenced by sunk costs through mental accounting, leading them to wait longer in queues. Moreover, drivers exhibit risk aversion in the context of time loss, showing a greater likelihood of leaving the queue when not sequentially matched, as opposed to being matched in a first-in-first-out order. These findings emphasize the importance of accounting for behavioral factors to enhance queue management and improve operational efficiency in ridesourcing systems.
BIOS
Dr. Yafeng Yin is Donald Cleveland Collegiate Professor of Engineering and Donald Malloure Department Chair of Civil and Environmental Engineering at University of Michigan, Ann Arbor. He works on transportation systems analysis and modeling and has published over 150 refereed papers in leading academic journals. He currently serves as Area Editor of Transportation Science and Associate Editor of Transportation Research Part B: Methodological and was the Editor-in-Chief of Transportation Research Part C: Emerging Technologies between 2014 and 2020. Dr. Yin has received recognition from different institutions, including the Monroe-Brown Foundation Education Excellence Award from College of Engineering at University of Michigan, a Doctoral Mentoring Award from University of Florida, Outstanding Leadership Award by the Chinese Overseas Transportation Association (COTA), Matthew Karlaftis Lifetime Achievement Award from Transportation Research Part C: Emerging Technologies, and Stella Dafermos Best Paper Award, Ryuichi Kitamura Paper Award, and Kikuchi-Karlaftis Best Paper Award from Transportation Research Board of the National Academies of Sciences, Engineering, and Medicine. Dr. Yin received his Ph.D. from the University of Tokyo, Japan in 2002, his master’s and bachelor’s degrees from Tsinghua University, Beijing, China in 1996 and 1994 respectively.
Distinguished Transport Lecture by Prof. Susan Shaheen, 29 MAY 2024 (WED) 11:00 – 12:00 (HKT)
Social and Environmental Impacts of Carsharing: Looking Back and Looking Forward
(The slides of the Distinguished Transport Lecture can be downloaded here.)
SPEAKER
Susan Shaheen, PhD
Professor, Civil and Environmental Engineering
Co-Director, Transportation Sustainability Research Center
University of California, Berkeley
DATE AND TIME
5/29 (Wednesday), 11 am -12 noon (Hong Kong Time)
5/28 (Tuesday), 8-9 pm (Pacific Time)
ORGANISED BY
Institute of Transport Studies, The University of Hong Kong
ABSTRACT
Carsharing, short-term access to a vehicle fleet, has been a sustainable transportation strategy employed across the globe, starting as early as the 1940s. This talk features Professor Susan Shaheen’s work on carsharing, starting with her doctoral dissertation research and numerous evaluations, spanning over two decades. The presentation explores a range of operational models, methods of calculating impacts, energy/environmental impacts, social equity, and electric vehicle deployment in carsharing fleets. The presentation includes key takeaways and policy options for maximizing the social and environmental benefits of this shared mode.
SPEAKER’S BIO
Susan Shaheen is a pioneer in future mobility strategies. Her research focuses on sustainable transportation, social equity, behavioral dynamics, public policy, shared mobility, electrification/alternative fuels, and advanced air mobility. She is a professor in Civil and Environmental Engineering at the University of California, Berkeley and Co-Director of the Transportation Sustainability Research Center of the Institute of Transportation Studies (ITS)-Berkeley. She also directs the UC ITS’ Resilient and Innovative Mobility Initiative. In January 2023, she was appointed to the California Air Resources Board by Governor Gavin Newsom. In 2022, she became the Chair of the Subcommittee for Planning and Policy Review for the TRB Executive Committee. She also joined the California Transportation Foundation Board in January 2022 where she serves as Co-Chair of the Scholarship Committee. She served as Chair of the Transportation Research Board (TRB) Executive Committee in 2021and Vice Chair in 2020. She has a Ph.D. from UC Davis and a M.S. from the University of Rochester. She has authored 92 journal articles, over 160 reports and proceedings articles, 36 book chapters, and co-authored and -edited three books. She received the 2017 Roy W. Crum award from TRB for her distinguished achievements in transportation research. In May 2016, she was named one of the top 10 academic thought leaders in transportation by the Eno Transportation Foundation.
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