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Stability of service under time-of-use pricing

Abstract:

We consider time-of-use pricing as a technique for matching supply and demand of temporal resources with the goal of maximizing social welfare. Relevant examples include energy, computing resources on a cloud computing platform, and charging stations for electric vehicles, among many others. A client/job in this setting has a window of time during which he needs service, and a particular value for obtaining it. We assume a stochastic model for demand, where each job materializes with some pro...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1145/3055399.3055455

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Institution:
University of Oxford
Oxford college:
St Cross College
Role:
Author
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Publisher:
Association for Computing Machinery Publisher's website
Journal:
STOC 2017 Proceedings of the 49th Annual ACM SIGACT Symposium on Theory of Computing Journal website
Pages:
184-197
Host title:
STOC 2017 Proceedings of the 49th Annual ACM SIGACT Symposium on Theory of Computing
Publication date:
2017-06-19
Acceptance date:
2017-06-15
DOI:
Source identifiers:
723911
ISBN:
9781450345286
Keywords:
Pubs id:
pubs:723911
UUID:
uuid:42730fc2-566f-47af-a140-6242e9186770
Local pid:
pubs:723911
Deposit date:
2017-08-22

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