The stochastic bid generation problem in combinatorial transportation auctions

In this paper, we deal with the generation of bundles of loads to be submitted by carriers participating in combinatorial auctions in the context of long-haul full truckload transportation services. We develop a probabilistic optimization model that integrates the bid generation and pricing problems together with the routing of the carrier’s fleet. We propose two heuristic procedures that enable us to solve models with up to 400 auctioned loads.

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Year of publication:	2014
Authors:	Triki, Chefi ; Oprea, Simona ; Beraldi, Patriza ; Crainic, Teodor Gabriel
Published in:	European Journal of Operational Research. - Elsevier, ISSN 0377-2217. - Vol. 236.2014, 3, p. 991-999
Publisher:	Elsevier
Subject:	Auctions/bidding \| Truckload procurement \| Probabilistic constraints

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011097689