Impacts of Auction Settings on the Performance of Truckload Transportation Marketplaces
Published In
Transportation Research Record: Journal of the Transportation Research Board
Document Type
Article
Publication Date
2006
Subjects
Logistics, Freight and freightage -- Mathematical models, Transportation planning -- Simulations
Abstract
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.
DOI
10.3141/1906-11
Persistent Identifier
http://archives.pdx.edu/ds/psu/20818
Citation Details
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.
http://archives.pdx.edu/ds/psu/20818
Description
Copyright, National Academy of Sciences. Posted with permission of the Transportation Research Board. None of this material may be presented to imply endorsement by TRB of a product, method, practice, or policy.