Dynamic Alliance Auctions: A Mechanism for Internet-Based Transportation Markets (Contributions to Management Science) |
 | Author: Tobias Ihde
Publisher: Physica-Verlag HD
Category: Book
List Price: $59.95
Buy New: $32.31
as of 2/9/2012 01:34 PST details
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Languages: English (Unknown), English (Original Language), English (Published)
Media: Paperback
Edition: 1
Pages: 159
Number Of Items: 1
Shipping Weight (lbs): 0.5
Dimensions (in): 9.1 x 5.9 x 0.6
ISBN: 3790800988
EAN: 9783790800982
Availability: Usually ships in 1-2 business days
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Product Description
An introduction to the new auction format known as ‘Dynamic Alliance Auctions’ which has been developed for Internet-based transportation marketplaces. The format allows for a packagewise placement of transportation orders even if these orders stem from different shippers. This, in turn, increases utilization of truck capacity and reduces risk for carriers. It also results in bringing down transportation prices without shrinking margins. After examining the landscape of Internet-based transportation marketplaces, the book identifies vital characteristics and needs of transportation business. The book shows how Dynamic Alliance Auctions combine ideas of matching theory, auctions and bargaining to fit these needs. Finally, the performance of this auction format is investigated analytically and experimentally using a modified private-value framework and different informational settings.
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