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This paper proposes an equilibrium model of urban taxi services on network to present the impact of the integrated service modes and the influence of the elastic customer demand distribution on taxi network equilibrium. Based on the cruising service mode, the model can describe how occupied taxis and vacant taxis cruise on network to provide services and search for customers by considering both the expected time cost and ride revenue and the elastic distribution characteristic of customer demand. At the same time, the dispatch service equilibrium problem by researching trip mode choice behavior is also considered. The model can then establish the relationship between customer waiting time and taxi search/waiting time by introducing a taxi-customer meeting function. And moreover, in supply-demand equilibrium, a number of performance measures of the taxis market can be obtained, such as the number of cruising taxis, the number of dispatch taxis and the average customer waiting time.

Equilibrium Model of Urban Taxi Service Network Based on the Integrated Service Modes