The purpose of this paper is to propose allocatively efficient auction mechanisms for the distributed transportation procurement problem (DTPP), which is generally the problem of matching demands and supplies over a transportation network. We first construct a one-sided Vickrey–Clarke–Groves...

This paper presents a double auction model to study transportation service procurement (TSP) in a dynamic single-lane transportation environment. Although this paper is motivated by a third-party logistics e-marketplace, the underlying model is applicable in the general bilateral exchange...

This paper is among the first contributions that incorporate bilateral bidding into auction mechanism design for multi-unit transportation procurement in logistics e-marketplaces. Proposed mechanisms ensure incentive compatibility, individual rationality, budget balance and asymptotical...