Impacts of Auction Settings on the Performance of Truckload Transportation Marketplaces
Transportation Research Record: Journal of the Transportation Research Board
Logistics, Freight and freightage -- Mathematical models, Transportation planning -- Simulations
The performance of different sequential auction settings for the procurement of truckload services is compared. In this environment, demands arrive randomly over time and are described by pickup and delivery locations and hard time windows. When loads arrive, carriers compete for their transport. Different auction and information disclosure settings are studied. Learning methodologies are discussed and analyzed. Simulation results are presented.
Figliozzi, Miguel; Mahmassani, Hani; and Jaillet, Patrick, "Impacts of Auction Settings on the Performance of Truckload Transportation Marketplaces" (2006). Civil and Environmental Engineering Faculty Publications and Presentations. 266.