Contract-Based Resource Allocation for Low-Latency Vehicular Fog Computing

Low-Iatency communication is crucial to satisfy the strict requirements on latency and reliability in 5G communications. In this paper, we firstly consider a contract-based vehicular fog computing resource allocation framework to minimize the intolerable delay caused by the numerous tasks on the base station during peak time. In the vehicular fog computing framework, the users tend to select nearby vehicles to process their heavy tasks to minimize delay, which relies on the participation of vehicles. Thus, it is critical to design an effective incentive mechanism to encourage vehicles to participate in resource allocation. Next, the simulation results demonstrate that the contract-based resource allocation can achieve better performance.