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Title: FRAMEWORK FOR STUDY OF CARRIER STRATEGIES IN AUCTION-BASED TRANSPORTATION MARKETPLACE
Accession Number: 00966699
Record Type: Component
Record URL: Availability: Transportation Research Board Business Office 500 Fifth Street, NW Find a library where document is available Abstract: 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 marketplace is provided. The unique characteristics of these marketplaces and the sources of difficulty in analyzing the performance of these marketplaces 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.
Supplemental Notes: This paper appears in Transportation Research Record No. 1854, Traveler Behavior and Values 2003.
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Figliozzi, M AMahmassani, H SJaillet, PPagination: p. 162-170
Publication Date: 2003
Serial: ISBN: 030908590X
Features: Figures
(9)
; References
(22)
; Tables
(2)
TRT Terms: Uncontrolled Terms: Subject Areas: Administration and Management; Highways; Planning and Forecasting; I72: Traffic and Transport Planning
Files: TRIS, TRB, ATRI
Created Date: Dec 30 2003 12:00AM
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