Re-recognition of ride-sourcing service: from the perspective of operational efficiency and social welfare

With increasing availability of alternative mobility options for city transportation system, it is necessary to better understand how emerging mobility options are impacting the travel demand and consumer-social surplus. However, few study have been conducted to evaluate the social welfare effects of the range of vacant trips in ride-sourcing service modes. This paper identified the vacant trip and loading rate evaluation model under the ride-sourcing service mode to enhance the effective operation of the different mobility services under numerical illustrations. The solution can also offer some beneficial guidance and theoretical basis for ride-sourcing systems in regard to planning and management aspects.