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• 1. [Article] Modeling Carrier Behavior in Sequential Auction Transportation Markets

  Online markets for transportation services, in the form of Internet sites that dynamically match shipments (shippers? demand) and transportation capacity (carriers? offer) through auction mechanisms are ...

  Citation × Citation Citation Abstract Copy Title: Modeling Carrier Behavior in Sequential Auction Transportation Markets Author: Figliozzi, Miguel Andres, Mahmassani, Hani S., Jaillet, Patrick Year: 2003 Online markets for transportation services, in the form of Internet sites that dynamically match shipments (shippers? demand) and transportation capacity (carriers? offer) through auction mechanisms are changing the traditional structure of transportation markets. A general framework for the study of carriers? behavior in a sequential auction transportation marketplace is provided. The unique characteristics of these marketplaces and the sources of difficulty in analyzing the behavior of these marketplaces are discussed. Learning and behavior in a sequential Vickrey auction marketplace is analyzed and simulated. Some results and the overall behavioral framework are also discussed. Title: Modeling Carrier Behavior in Sequential Auction Transportation Markets Author: Figliozzi, Miguel Andres, Mahmassani, Hani S., Jaillet, Patrick Year: 2003 Online markets for transportation services, in the form of Internet sites that dynamically match shipments (shippers? demand) and transportation capacity (carriers? offer) through auction mechanisms are changing the traditional structure of transportation markets. A general framework for the study of carriers? behavior in a sequential auction transportation marketplace is provided. The unique characteristics of these marketplaces and the sources of difficulty in analyzing the behavior of these marketplaces are discussed. Learning and behavior in a sequential Vickrey auction marketplace is analyzed and simulated. Some results and the overall behavioral framework are also discussed. Close

• 2. [Article] Framework for Study of Carrier Strategies in Auction-Based Transportation Marketplace

  Online markets for transportation services in the form of Internet sites that dynamically match shipments (shippers' demand) and transportation capacity (carriers' offer) through auction mechanisms are ...

  Citation × Citation Citation Abstract Copy Title: Framework for Study of Carrier Strategies in Auction-Based Transportation Marketplace Author: Figliozzi, Miguel, Mahmassani, Hani, Jaillet, Patrick Year: 2003 Online markets for transportation services in the form of Internet sites that dynamically match shipments (shippers' demand) and transportation capacity (carriers' offer) through auction mechanisms are changing the traditional structure of transportation markets. A general framework for the study of carriers' strategies in a transportation auction market place is provided. The unique characteristics of these marketplaces and the sources of difficulty in analyzing the performance of these market places under different carrier bidding strategies are discussed. A simulation framework is used to explore the complex engineering and economic processes and issues that arise in a transportation marketplace and that are difficult to explore by using standard analytical or statistical tools. Some results and the overall simulation framework are also discussed. Title: Framework for Study of Carrier Strategies in Auction-Based Transportation Marketplace Author: Figliozzi, Miguel, Mahmassani, Hani, Jaillet, Patrick Year: 2003 Online markets for transportation services in the form of Internet sites that dynamically match shipments (shippers' demand) and transportation capacity (carriers' offer) through auction mechanisms are changing the traditional structure of transportation markets. A general framework for the study of carriers' strategies in a transportation auction market place is provided. The unique characteristics of these marketplaces and the sources of difficulty in analyzing the performance of these market places under different carrier bidding strategies are discussed. A simulation framework is used to explore the complex engineering and economic processes and issues that arise in a transportation marketplace and that are difficult to explore by using standard analytical or statistical tools. Some results and the overall simulation framework are also discussed. Close