On the efficiency of nash equilibria in aggregative charging games
File(s)LCSS18_Efficiency.pdf (777.78 KB)
Accepted version
Author(s)
Paccagnan, Dario
Parise, Francesca
Lygeros, John
Type
Journal Article
Abstract
Several works have recently suggested to model the problem of coordinating the charging needs of a fleet of electric vehicles as a game, and have proposed distributed algorithms to coordinate the vehicles towards a Nash equilibrium of such game. However, Nash equilibria have been shown to posses desirable system-level properties only in simplified cases. In this letter, we use the concept of price of anarchy (PoA) to analyze the inefficiency of Nash equilibria when compared to the social optimum solution. More precisely, we show that: 1) for linear price functions depending on all the charging instants, the PoA converges to one as the population of vehicles grows; 2) for price functions that depend only on the instantaneous demand, the PoA converges to one if the price function takes the form of a positive pure monomial; and 3) for general classes of price functions, the asymptotic PoA can be bounded. For finite populations, we additionally provide a bound on the PoA as a function of the number vehicles in the system. We support the theoretical findings by means of numerical simulations.
Date Issued
2018-10
Date Acceptance
2018-06-05
Citation
IEEE Control Systems Letters, 2018, 2 (4), pp.629-634
ISSN
2475-1456
Publisher
Institute of Electrical and Electronics Engineers
Start Page
629
End Page
634
Journal / Book Title
IEEE Control Systems Letters
Volume
2
Issue
4
Copyright Statement
© 2020 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.
Identifier
https://ieeexplore.ieee.org/document/8375654
Subjects
cs.SY
cs.SY
cs.GT
math.OC
Publication Status
Published
Date Publish Online
2018-06-08