Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1132285 | Transportation Research Part B: Methodological | 2013 | 22 Pages |
Abstract
⺠Proposed one-sided VCG (Vickrey-Clarke-Groves) combinatorial auctions for a complex transportation marketplace with multiple lanes, realizing maximal social welfare. ⺠Designed three truthful multi-unit trade reduction (MTR) mechanisms for the bilateral exchange transportation marketplace where all the lanes are partitioned into distinct markets. ⺠Developed a randomized auction mechanism to capture the trade-off between the O-VCG and MTR auction classes.
Related Topics
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Management Science and Operations Research
Authors
George Q. Huang, Su Xiu Xu,