This study proposes a bounded rational charging guidance strategy based on mental account theory, which guides users to charge in an orderly manner by formulating real-time prices. Firstly, framework for fast-charging EVs under the traffic-grid coupling network is constructed, and influencing factors of various dimensions when make decisions are analysed. Secondly, considering behaviour making ...

With the applications of big data, research real-time pricing method for smart grid has become increasingly important. Based on demand side management and model, social welfare maximization model is considered. We transform it by Karush-Kuhn-Tucker condition, then transformed into a nonsmooth equation Fischer-Burmeister function. Then, taking advantage simple calculation small storage, we propo...

Retail real-time pricing (RTP) of electricity – retail pricing that changes hourly to reflect the changing supply/demand balance – is very appealing to economists because it “sends the right price signals.” Economic efficiency gains from RTP, however, are often confused with the short-term wealth transfers from producers to consumers that RTP can create. Abstracting from transfers, I focus on t...

This paper analyzes the dynamic traffic assignment problem on a two-alternative network with one alternative subject to a dynamic pricing that responds to real-time arrivals in a system optimal way. Analytical expressions for the assignment, revenue and total delay in each alternative are derived as a function of the pricing strategy. It is found that minimum total system delay can be achieved ...