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Managing Resources for Shared Micromobility: Approximate Optimality in Large-Scale Systems

Author

Listed:
  • Deniz Akturk

    (Olin Business School, Washington University in St. Louis, St. Louis, Missouri 63130)

  • Ozan Candogan

    (Booth School of Business, University of Chicago, Chicago, Illinois 60637)

  • Varun Gupta

    (Booth School of Business, University of Chicago, Chicago, Illinois 60637)

Abstract

We consider the problem of managing resources in shared micromobility systems (bike sharing and scooter sharing). An important task in managing such systems is periodic repositioning/recharging/sourcing of units to avoid stockouts or excess inventory at nodes with unbalanced flows. We consider a discrete-time model; each period begins with an initial inventory at each node in the network, and then, customers (demand) materialize at the nodes. Each customer picks up a unit at the origin node and drops it off at a randomly sampled destination node with an origin-specific probability distribution. We model the above network inventory management problem as an infinite horizon discrete-time discounted Markov decision process (MDP) and prove the asymptotic optimality of a novel mean-field approximation to the original MDP as the number of stations becomes large. To compute an approximately optimal policy for the mean-field dynamics, we provide an algorithm with a running time that is logarithmic in the desired optimality gap. Lastly, we compare the performance of our mean field-based policy with state-of-the-art heuristics via numerical experiments, including experiments using Austin scooter-sharing data.

Suggested Citation

  • Deniz Akturk & Ozan Candogan & Varun Gupta, 2025. "Managing Resources for Shared Micromobility: Approximate Optimality in Large-Scale Systems," Management Science, INFORMS, vol. 71(7), pages 5676-5695, July.
  • Handle: RePEc:inm:ormnsc:v:71:y:2025:i:7:p:5676-5695
    DOI: 10.1287/mnsc.2022.02023
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