This paper proposes a receding-horizon, game-theoretic charging planning mechanism for electric ride-hailing markets. As the demand for ride-hailing services continues to surge and governments advocate for stricter environmental regulations, integrating electric vehicles into these markets becomes inevitable. The proposed framework addresses the challenges posed by dynamic demand patterns, fluctuating energy costs, and competitive dynamics inherent in such markets. Leveraging the concept of receding-horizon games, we propose a method to optimize proactive dispatching of vehicles for recharging over a predefined time horizon. We integrate a modified Tullock contest that accounts for customer abandonment due to long waiting times to model the expected market share, and by factoring in the demand-based electricity charging, we construct a game capturing interactions between two companies over the time horizon. For this game, we first establish the existence and uniqueness of the Nash equilibrium and then present a semi-decentralized, iterative method to compute it. Finally, the method is evaluated in an open-loop and a closed-loop manner in a simulated numerical case study.

Receding-Horizon Games with Tullock-Based Profit Functions for Electric Ride-Hailing Markets / Maljkovic, M.; Nilsson, G.; Geroliminis, N.. - (2024), pp. 8384-8389. ( 63rd IEEE Conference on Decision and Control, CDC 2024 Allianz MiCo Milano Convention Centre, ita 2024) [10.1109/CDC56724.2024.10886765].

Receding-Horizon Games with Tullock-Based Profit Functions for Electric Ride-Hailing Markets

Nilsson G.;
2024-01-01

Abstract

This paper proposes a receding-horizon, game-theoretic charging planning mechanism for electric ride-hailing markets. As the demand for ride-hailing services continues to surge and governments advocate for stricter environmental regulations, integrating electric vehicles into these markets becomes inevitable. The proposed framework addresses the challenges posed by dynamic demand patterns, fluctuating energy costs, and competitive dynamics inherent in such markets. Leveraging the concept of receding-horizon games, we propose a method to optimize proactive dispatching of vehicles for recharging over a predefined time horizon. We integrate a modified Tullock contest that accounts for customer abandonment due to long waiting times to model the expected market share, and by factoring in the demand-based electricity charging, we construct a game capturing interactions between two companies over the time horizon. For this game, we first establish the existence and uniqueness of the Nash equilibrium and then present a semi-decentralized, iterative method to compute it. Finally, the method is evaluated in an open-loop and a closed-loop manner in a simulated numerical case study.
2024
Proceedings of the IEEE Conference on Decision and Control
New Jersey, United States
Institute of Electrical and Electronics Engineers Inc.
9798350316339
Maljkovic, M.; Nilsson, G.; Geroliminis, N.
Receding-Horizon Games with Tullock-Based Profit Functions for Electric Ride-Hailing Markets / Maljkovic, M.; Nilsson, G.; Geroliminis, N.. - (2024), pp. 8384-8389. ( 63rd IEEE Conference on Decision and Control, CDC 2024 Allianz MiCo Milano Convention Centre, ita 2024) [10.1109/CDC56724.2024.10886765].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11572/451174
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