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Dynamic Alliance Auctions

A Mechanism for Internet-Based Transportation Markets

  • Book
  • © 2004

Overview

Authors:
  1. Tobias Ihde

    1. Abt. RIC/EN, DaimlerChrysler AG, Berlin, Germany

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Part of the book series: Contributions to Management Science (MANAGEMENT SC.)

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Table of contents (9 chapters)

  1. Front Matter

    Pages I-IX
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  2. Introduction

    1. Introduction

      • Tobias Ihde
      Pages 1-4

  3. Background

    1. Front Matter

      Pages 5-5
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    2. Theories

      • Tobias Ihde
      Pages 7-27

    3. Internet-Based Freight Marketplaces

      • Tobias Ihde
      Pages 29-47

  4. Freight Auctions

    1. Front Matter

      Pages 49-49
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    2. Conventional Freight Auctions

      • Tobias Ihde
      Pages 51-59

    3. Dynamic Alliance Auctions

      • Tobias Ihde
      Pages 61-67

  5. Evaluation

    1. Front Matter

      Pages 69-69
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    2. Stages and Price Division

      • Tobias Ihde
      Pages 71-85

    3. Efficiency, Payoff, and Bids

      • Tobias Ihde
      Pages 87-104

    4. Experiment

      • Tobias Ihde
      Pages 105-122

    5. Putting Insights to Practice

      • Tobias Ihde
      Pages 123-127

  6. Back Matter

    Pages 129-149
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Keywords

About this book

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.

Authors and Affiliations

  • Abt. RIC/EN, DaimlerChrysler AG, Berlin, Germany

    Tobias Ihde

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