The stochastic bid generation problem in combinatorial transportation auctions

Chefi Triki, Simona Oprea, Patriza Beraldi and Teodor Gabriel Crainic

European Journal of Operational Research, 2014, vol. 236, issue 3, 991-999

Abstract: 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.

Keywords: Auctions/bidding; Truckload procurement; Probabilistic constraints (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (24)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:236:y:2014:i:3:p:991-999

DOI: 10.1016/j.ejor.2013.06.013

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