March 16, 2017: Invited Speaker Seminar: Combinatorial Auctions for the Procurement of Transportation Services: Achievements and Challenges!

Dr. Monia Rekik
Laval University

Thursday, March 16, 2017 at 11:00 am
Room EV011.119

Abstract

Combinatorial auctions have been proved to be efficient market mechanisms for the procurement of transportation services. This success is mostly due to the economy of scope characterizing transport operations. In a combinatorial transportation auction, the auctioneer is a shipper which needs to outsource its transportation activities to external carriers or third-party logistics providers. A set of pre-selected carriers are then invited to participate into the auction by submitting bids on shipping movements. Combinatorial bidding enables bidders to submit a bid on a package of auctioned items rather than on each item separately.

In this presentation, I will discuss a number of decisional problems encountered when designing combinatorial auctions for transportation services procurement. Then, I will present some of the modeling and solution approaches we proposed to address some of them and point out the challenging problems that need to be solved in the future.

Biography

Monia Rekik is an associate professor at the Department of Operations and Decision Systems at Laval University (Québec, QC). She received her Doctorate in Mathematical engineering from École Polytechnique de Montréal (Montreal, QC) in 2006. Dr. Rekik is a regular member of the Interuniversity Research Centre on Enterprise Networks, Logistics and Transport (CIRRELT) and an associate member of the Group of Research in Decision Analysis (GERAD). Her research interests include combinatorial optimization, mathematical programming, transportation, logistics, auctions and personnel scheduling.