Affiliation:
1. University of Maryland, College Park, USA
2. Facebook, USA
3. New Jersey Institute of Technology, Newark, USA
Abstract
Bipartite-matching markets pair agents on one side of a market with agents, items, or contracts on the opposing side. Prior work addresses online bipartite-matching markets, where agents arrive over time and are dynamically matched to a known set of disposable resources. In this article, we propose a new model,
Online Matching with (offline) Reusable Resources under Known Adversarial Distributions
(
OM-RR-KAD
)
, in which resources on the offline side are
reusable
instead of disposable; that is, once matched, resources become available again at some point in the future. We show that our model is tractable by presenting an LP-based non-adaptive algorithm that achieves an online competitive ratio of ½-ϵ for any given constant ϵ > 0. We also show that no adaptive algorithm can achieve a ratio of ½ +
o
(1) based on the same benchmark LP. Through a data-driven analysis on a massive openly available dataset, we show our model is robust enough to capture the application of taxi dispatching services and ride-sharing systems. We also present heuristics that perform well in practice.
Publisher
Association for Computing Machinery (ACM)
Subject
Computational Mathematics,Marketing,Economics and Econometrics,Statistics and Probability,Computer Science (miscellaneous)
Cited by
24 articles.
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