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October 17, 2025Open Access

Dynamic access pricing control for fair and stable resource sharing

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Authors

CKChris KingHHHomayoun HamedmoghadamCCChristos G. Cassandras

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Overview

Novel pricing system balances demand management and fairness in access to scarce resources, demonstrating efficacy for both elastic and inelastic traffic.

Key Points

  • A new pricing system improves fairness in resource sharing between elastic and inelastic traffic.
  • Simulations indicate that the development tackles the social regressive nature of standard dynamic pricing.
  • The underlying switched non-linear ODE model represents the stability of the pricing system's fairness properties.
  • Balancing resource access is crucial for equitable service among diverse types of traffic competing for the same resource.

Cite This Study

King et al. (2025) studied this question.

synapsesocial.com/papers/68f19f20de32064e504ddde9https://doi.org/10.48550/arxiv.2507.17939
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  5. 5Dynamic Pricing for Electric Vehicle Charging2024 · 1 citations