Hierarchical Pricing Game for Balancing the Charging of Ride-Hailing Electric Fleets

Fuente: arXiv
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Main Authors: Maljkovic, Marko, Nilsson, Gustav, Geroliminis, Nikolas
Format: Preprint
Published: 2022
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author Maljkovic, Marko
Nilsson, Gustav
Geroliminis, Nikolas
author_facet Maljkovic, Marko
Nilsson, Gustav
Geroliminis, Nikolas
contents Due to the ever-increasing popularity of ride-hailing services and the indisputable shift towards alternative fuel vehicles, the intersection of the ride-hailing market and smart electric mobility provides an opportunity to trade different services to achieve societal optimum. In this work, we present a hierarchical, game-based, control mechanism for balancing the simultaneous charging of multiple ride-hailing fleets. The mechanism takes into account sometimes conflicting interests of the ride-hailing drivers, the ride-hailing company management, and the external agents such as power-providing companies or city governments that will play a significant role in charging management in the future. The upper-level control considers charging price incentives and models the interactions between the external agents and ride-hailing companies as a Reverse Stackelberg game with a single leader and multiple followers. The lower-level control motivates the revenue-maximizing drivers to follow the company operator's requests through surge pricing and models the interactions as a single leader, multiple followers Stackelberg game. We provide a pricing mechanism that ensures the existence of a unique Nash equilibrium of the upper-level game that minimizes the external agent's objective at the same time. We provide theoretical and experimental robustness analysis of the upper-level control with respect to parameters whose values depend on sensitive information that might not be entirely accessible to the external agent. For the lower-level algorithm, we combine the Nash equilibrium of the upper-level game with a quadratic mixed integer optimization problem to find the optimal surge prices. Finally, we illustrate the performance of the control mechanism in a case study based on real taxi data from the city of Shenzhen in China.
format Preprint
id arxiv_https___arxiv_org_abs_2210_08496
institution arXiv
publishDate 2022
record_format arxiv
spellingShingle Hierarchical Pricing Game for Balancing the Charging of Ride-Hailing Electric Fleets
Maljkovic, Marko
Nilsson, Gustav
Geroliminis, Nikolas
Systems and Control
Due to the ever-increasing popularity of ride-hailing services and the indisputable shift towards alternative fuel vehicles, the intersection of the ride-hailing market and smart electric mobility provides an opportunity to trade different services to achieve societal optimum. In this work, we present a hierarchical, game-based, control mechanism for balancing the simultaneous charging of multiple ride-hailing fleets. The mechanism takes into account sometimes conflicting interests of the ride-hailing drivers, the ride-hailing company management, and the external agents such as power-providing companies or city governments that will play a significant role in charging management in the future. The upper-level control considers charging price incentives and models the interactions between the external agents and ride-hailing companies as a Reverse Stackelberg game with a single leader and multiple followers. The lower-level control motivates the revenue-maximizing drivers to follow the company operator's requests through surge pricing and models the interactions as a single leader, multiple followers Stackelberg game. We provide a pricing mechanism that ensures the existence of a unique Nash equilibrium of the upper-level game that minimizes the external agent's objective at the same time. We provide theoretical and experimental robustness analysis of the upper-level control with respect to parameters whose values depend on sensitive information that might not be entirely accessible to the external agent. For the lower-level algorithm, we combine the Nash equilibrium of the upper-level game with a quadratic mixed integer optimization problem to find the optimal surge prices. Finally, we illustrate the performance of the control mechanism in a case study based on real taxi data from the city of Shenzhen in China.
title Hierarchical Pricing Game for Balancing the Charging of Ride-Hailing Electric Fleets
topic Systems and Control
url https://arxiv.org/abs/2210.08496