Budget-Constrained Resource Allocation and Pricing in VEC: A MSMLMF Stackelberg Game With Contract Incentive Mechanism

As a rapid increase in Internet of Things (IoT) devices, vehicle fog/edge computing (VFC/VEC) has seen swift development. Consequently, these devices often opt to purchase computing resources from the edge–cloud service providers (ECSPs) to expand their capabilities. However, due to limited edge server resources, they may face risks of overload or breakdowns. Meanwhile, there are often large amounts of underutilized idle resources near roads (such as parked vehicles), which can provide additional computing and communication capabilities to the system. Inspired by this, we propose a scheme that utilizes idle vehicles to assist in computation. To coordinate the interests of various participating entities and incentivize resource sharing, we construct a multistage multileader multifollower (MSMLMF) Stackelberg game model that encompasses the collaboration and competition among users, ECSPs, vehicle operators (VOPs), and idle vehicles. Participants aim to maximize their utility while considering the potential actions of others. Additionally, considering the information asymmetry between VOP and vehicles, we introduce individual rationality (IR) and incentive compatibility (IC) constraints from the contract theory to analyze and ensure the effectiveness of contracts. Next, we employ backward induction to gradually simplify the game model into convex optimization problems and theoretically prove the existence and uniqueness of Nash equilibrium (NE) points. Finally, through simulation experiments verify that our proposed model and scheme outperform other baselines in overall social welfare.

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Publication Details

Journal
IEEE Internet of Things Journal
Published
2024-11-11
DOI
https://doi.org/10.1109/jiot.2024.3486378
Citations
2
Primary Topic
Economic theories and models
Type
article
Field-Weighted Citation Impact
2.26

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article

Budget-Constrained Resource Allocation and Pricing in VEC: A MSMLMF Stackelberg Game With Contract Incentive Mechanism

Wei Li, Jie Wu, Yishan Chen, Shumei Ye et al.
2 citations
IEEE Internet of Things Journal
Economic theories and models
2.26
article

Budget-Constrained Resource Allocation and Pricing in VEC: A MSMLMF Stackelberg Game With Contract Incentive Mechanism

Wei Li, Jie Wu, Yishan Chen, Shumei Ye, Zhonghui Xu
article en
2 citations

Abstract

As a rapid increase in Internet of Things (IoT) devices, vehicle fog/edge computing (VFC/VEC) has seen swift development. Consequently, these devices often opt to purchase computing resources from the edge–cloud service providers (ECSPs) to expand their capabilities. However, due to limited edge server resources, they may face risks of overload or breakdowns. Meanwhile, there are often large amounts of underutilized idle resources near roads (such as parked vehicles), which can provide additional computing and communication capabilities to the system. Inspired by this, we propose a scheme that utilizes idle vehicles to assist in computation. To coordinate the interests of various participating entities and incentivize resource sharing, we construct a multistage multileader multifollower (MSMLMF) Stackelberg game model that encompasses the collaboration and competition among users, ECSPs, vehicle operators (VOPs), and idle vehicles. Participants aim to maximize their utility while considering the potential actions of others. Additionally, considering the information asymmetry between VOP and vehicles, we introduce individual rationality (IR) and incentive compatibility (IC) constraints from the contract theory to analyze and ensure the effectiveness of contracts. Next, we employ backward induction to gradually simplify the game model into convex optimization problems and theoretically prove the existence and uniqueness of Nash equilibrium (NE) points. Finally, through simulation experiments verify that our proposed model and scheme outperform other baselines in overall social welfare.

IEEE Internet of Things JournalVol. 12(5)
Jiangxi University of Science and Technology (CN)
National Science Foundation, Natural Science Foundation of Jiangxi Province
Openalex Percentile: Top 8%
Economic theories and models
2.26
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