Abstract:Drivers in ridesharing platforms exhibit cognitive atrophy and fatigue as they accept ride offers along the day, which can have a significant impact on the overall efficiency of the ridesharing platform. In contrast to the current literature which focuses primarily on modeling and learning driver's preferences across different ride offers, this paper proposes a novel Dynamic Discounted Satisficing (DDS) heuristic to model and predict driver's sequential ride decisions during a given shift. Based on DDS heuristic, a novel stochastic neural network with random activations is proposed to model DDS heuristic and predict the final decision made by a given driver. The presence of random activations in the network necessitated the development of a novel training algorithm called Sampling-Based Back Propagation Through Time (SBPTT), where gradients are computed for independent instances of neural networks (obtained via sampling the distribution of activation threshold) and aggregated to update the network parameters. Using both simulation experiments as well as on real Chicago taxi dataset, this paper demonstrates the improved performance of the proposed approach, when compared to state-of-the-art methods.