Modeling and analysis of an auction-based logistics market

  title={Modeling and analysis of an auction-based logistics market},
  author={Semra Agrali and Baris Tan and Fikri Karaesmen},
  journal={European Journal of Operational Research},
We consider a logistics spot market where the transportation orders from a number of firms are matched with two types of carriers through a reverse auction. In the spot market, local carriers compete with in-transit carriers that have lower costs. In order to analyze the effects of implementing a logistics spot market on these three parties: firms, local carriers, and in-transit carriers and also the effects of various system parameters, we develop a two-stage stochastic model. We first model… CONTINUE READING
6 Citations
11 References
Similar Papers


Publications referenced by this paper.
Showing 1-10 of 11 references

Modeling and analysis of an auction-based logistics market, M.S

  • S. Ağralı
  • 2005
Highly Influential
5 Excerpts

Performance evaluation of an auction-based manufacturing system using colored-petri nets

  • M. Irvine. Nandula, S. P. Dutta
  • International Journal of Production Research
  • 2000
Highly Influential
4 Excerpts

Auctions and bidding : A primer

  • S. Nandiraju, A. Regan
  • Journal of Economic Perspectives
  • 2003
2 Excerpts

CargoExchange.Net Pte Ltd, Case Study, INSEAD

  • M. Pich
  • Journal of Production Research
  • 2002
1 Excerpt

Optimal design of internet - based auctions

  • C. Beam, G. Shanthikumar
  • Information Technology and Management
  • 2001

Similar Papers

Loading similar papers…