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


by Tobias Ihde.
Bok Engelsk 2004 Tobias. Ihde
Omfang
1 online resource (X, 150 p. 2 illus.)
Utgave
1st ed. 2004.
Opplysninger
Bibliographic Level Mode of Issuance: Monograph. - 1 Introduction -- 1.1 Motivation -- 1.2 Environment and Aim of the Thesis -- 1.3 Contribution of the Thesis -- 1.4 Organization of the Thesis -- I Background -- 2 Theories -- 3 Internet-Based Freight Marketplaces -- II Freight Auctions -- 4 Conventional Freight Auctions -- 5 Dynamic Alliance Auctions -- III Evaluation -- 6 Stages and Price Division -- 7 Efficiency, Payoff, and Bids -- 8 Experiment -- 9 Putting Insights to Practice -- A Proofs -- B Formulas -- B.1 Expected Payoff -- C Experiment -- C.1 Translated Instructions -- List of Figures -- List of Tables -- References.. - The book introduces 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.
Emner
Business—Data processing.
Computer science.
Decision making.
Game theory.
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Dewey
ISBN
3-642-57430-0

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