Parked Vehicular Computing for Energy-Efficient Internet of Vehicles: A Contract Theoretic Approach

Abstract

With the repaid development of Internet of Vehicles (IoV), more available resources and energy-efficient optimizations in resources scheduling are exactly required for large-scale network implementation for sustainable development. We observe that parked vehicles (PVs) have rich and underutilized resources for task execution. By scheduling them as general computing nodes to undertake computation tasks, we introduce a new computing paradigm, named by parked vehicular computing (PVC). There exists some challenging issues to be addressed for the facilitation of PVC. In particular, an incentive mechanism is needed to offer optimized rewards for PVs with the consideration of their parking time and energy consumption. In this paper, we investigate an energy-efficient PVC paradigm, and we design a contract-based incentive mechanism to motivate PVs to contribute their idle on-board resources. The PVs are classified into different types according to their parking time. Then, the designed contracts are assigned to different types of PVs. To realize the incentive mechanism, the optimization problem with the contract design is formulated to maximize the utility of the service provider. For optimal contract design, we solve the simplified problem by using Lagrangian multiplier method. Numerical results indicate that the proposed PVC with optimal contract design outperforms existing work in improving social welfare of resource scheduling, which takes quality-of-service and overall energy consumption into consideration. We also demonstrate that the contract-based incentive mechanism is energy-efficient and effective.