System and method for setting a rideshare transaction fee

Details System and method for setting a rideshare transaction fee System and method for setting a rideshare transaction fee

2011-04-14

2011-10-11

Chen, Shelley (Department: 3661)

Data processing: vehicles, navigation, and relative location

Navigation

Employing position determining equipment

Reexamination Certificate

active

08036824

ABSTRACT:
A system and method for setting a rideshare transaction fee is provided. Data is maintained for rideshare transactions, each associated with a route. At least one rideshare transaction that travels along a particular route is identified. A number of drivers offering transportation on that particular route and a number of passengers seeking transportation on the particular route are determined. A transaction fee for the rideshare transaction along the particular route is set. The transaction fee is increased when there are more passengers seeking transportation than drivers offering transportation. The transaction fee is decreased when there are more drivers offering transportation than passengers seeking transportation.

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