Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Dynamic Alliance Auctions: A Mechanism for Internet-Based Transportation Markets

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

Ihde, Tobias

Paperback

Series: Contributions to Management Science

ManagementTransportation GeneralGeneral Mathematics

ISBN10: 3790800988
ISBN13: 9783790800982
Publisher: Springer Nature
Published: Oct 8 2003
Pages: 150
Weight: 0.53
Height: 0.35 Width: 6.14 Depth: 9.21
Language: English
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.

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