Economics at your fingertips  

Intermodal transportation service procurement with transaction costs under belt and road initiative

Jiasen Sun, Guo Li, Su Xiu Xu and Wei Dai

Transportation Research Part E: Logistics and Transportation Review, 2019, vol. 127, issue C, 31-48

Abstract: This study aims to devise efficient double auction mechanisms for the intermodal transportation service procurement problem (ITSPP) in the context of the “Belt and Road Initiative”. In ITSPP, the transportation demand of each shipper may contain a bundle of loads in different lanes, while the transportation service provided by each carrier may cover either one or multiple lanes. Three efficient double auction mechanisms that consider transaction costs are proposed. Moreover, a series of computational experiments were conducted to evaluate the performances of the proposed mechanisms. According to the experimental results, several managerial implications are also provided.

Keywords: Belt and road initiative; Intermodal transportation; Transportation service procurement; Double auction mechanism (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.elsevier. ... 600244/bibliographic

Access Statistics for this article

Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley

More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-12-07
Handle: RePEc:eee:transe:v:127:y:2019:i:c:p:31-48