Dynamic Alliance Auctions: A Mechanism for Internet-Based Transportation Markets by Tobias IhdeDynamic Alliance Auctions: A Mechanism for Internet-Based Transportation Markets by Tobias Ihde

Dynamic Alliance Auctions: A Mechanism for Internet-Based Transportation Markets

byTobias Ihde

Paperback | October 8, 2003

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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.
Title:Dynamic Alliance Auctions: A Mechanism for Internet-Based Transportation MarketsFormat:PaperbackDimensions:150 pages, 23.5 × 15.5 × 0.17 inPublished:October 8, 2003Publisher:Springer-Verlag/Sci-Tech/TradeLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:3790800988

ISBN - 13:9783790800982

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Table of Contents

Introduction.- Part I Background: Theories; Internet-Based Freight Marketplaces.- Part II Freight Auctions: Conventional Freight Auctions; Dynamic Alliance Auctions.- Part III Evaluation: Stages and Price Division; Efficiency, Payoff, and Bids; Experiment; Putting Insights to Practice.- Proofs.- Formulas.- Experiment.