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

Dynamic Alliance Auctions

A Mechanism for Internet-Based Transportation Markets

By: T. Ihde

Paperback Published: 8th October 2003
ISBN: 9783790800982
Number Of Pages: 150

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1.1 Motivation Today's transportation market is far from perfect. Market participants have admission only to a certain fraction of the market and price formation lacks transparency. However, this state is no law of nature since in principle, all market participants could manage to get together somehow and do business - but gaining new business partners beyond existing bonds usually takes too high efforts. After all, the items in transportation markets are usually traded under extreme time pressure: transportation orders have fixed pick-up and delivery deadlines and free transportation capacity cannot be used thereafter. Here, Internet-based freight markets promise help. Since the early 1990s many of such markets have come into existence so that a considerable number ex- ists today. For Germany alone, over 50 different electronic transportation marketplaces are listed in a database hosted at the University at Bremen (2001). The mediation models of these marketplaces are quite diverse (cp.

Introductionp. 1
Theoriesp. 7
Internet-Based Freight Marketplacesp. 29
Freight Auctions
Conventional Freight Auctionsp. 51
Dynamic Alliance Auctionsp. 61
Stages and Price Divisionp. 71
Efficiency, Payoff, and Bidsp. 87
Experimentp. 105
Putting Insights to Practicep. 123
Proofsp. 129
Formulasp. 133
Experimentp. 135
List of Figuresp. 141
List of Tablesp. 143
Referencesp. 145
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9783790800982
ISBN-10: 3790800988
Series: Contributions to Management Science
Audience: General
Format: Paperback
Language: English
Number Of Pages: 150
Published: 8th October 2003
Country of Publication: DE
Dimensions (cm): 23.39 x 15.6  x 0.89
Weight (kg): 0.24

Earn 232 Qantas Points
on this Book