Dynamic multi-agent deep reinforcement learning-based pricing and incentivization approach in multimodal transportation networks
The study develops a multi-agent deep reinforcement learning framework that models interactions between a public transit authority and a shared mobility service provider. The authority agent dynamically distributes spatio-temporal public transport incentives to target equity, emissions, and efficiency, while the provider agent dynamically adjusts fares to maximize revenue. Numerical simulations of a three-hour morning peak period demonstrate that this coordinated approach reduces commuter costs by approximately 20%, cuts emissions by about 10%, and nearly doubles public transit profits.
Why it matters — It demonstrates that conflicting public and private transportation goals can be balanced dynamically, showing that targeted public transit incentives can simultaneously improve social equity and environmental outcomes without destroying private operator profitability.
Caveat: The framework's performance and 20% cost reduction benefits are demonstrated only within a simulated three-hour morning peak period rather than a real-world deployment.