Business

Computer network

Mathematics

Operating system

Distributed computing

Mathematical optimization

Engineering

Enhanced Data Rates for GSM Evolution

Marketing

Minification

Idle

Systems engineering

Programming language

Mobile edge computing

Dynamic pricing

Edge computing

Computer science

Task (project management)

Quality of service

Telecommunications

IEEE Wireless Communications Letters

The idle computing resources of parked vehicles could be utilized to improve performance by assisting task executions in mobile edge computing (MEC) systems. As a result, the owner of a vehicle could be compensated, resulting in a win-win situation. A dynamic pricing strategy is proposed to minimize the average cost of the MEC system under the constraints on quality of service by adjusting the price constantly based on the current system state. To do so, a cost minimization problem is solved to obtain the optimal dynamic pricing strategy efficiently. Finally, the optimization results are validated with extensive simulations.

A Dynamic Pricing Strategy for Vehicle Assisted Mobile Edge Computing Systems