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...

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...