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Design of a combinatorial bidding market for Green Corridor freight
Örebro University, Swedish Business School at Örebro University. (Nationalekonomi)ORCID iD: 0000-0003-1172-1076
Örebro University, Örebro University School of Business.ORCID iD: 0000-0002-1746-7884
2011 (English)Conference paper, Oral presentation only (Other academic)
Abstract [en]

The Green Corridor (GC) initiative, pursued by the Swedish government and the European Commission, is intended to be a platform for innovation for long-distance freight transport aiming for more green and efficient solutions by enhanced use of economies of scale and development of new technologies. However, scale has to be traded off by two other aspects (i) freight transport time and reliability, and (ii) economies of scope. In this paper we present an already existing rail corridor case that highlights the need for tools (and/or markets) for making more efficient tradeoffs between economies of scale and scope in long-distance freight transport. This involves making very complex coordination of shipments that are differentiated with respect to origins-destinations, shipment size, time, time reliability requirements, regularity of shipments and involving both ex ante transport planning and real-time control. A market-based method that in principle could be used to solve such complex coordination is combinatorial auctioning and we briefly review a number of Swedish public tendering cases where this is done in practice. However, this raises questions on whether a fragmented vertically separated European rail industry can mobilize the "soft" market infrastructure needed to support a Green Corridor.

Place, publisher, year, edition, pages
2011.
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:oru:diva-23996OAI: oai:DiVA.org:oru-23996DiVA, id: diva2:540096
Conference
Kuhmo Nectar, Annual conference of the International Transportation Economics Association, Stockholm June 31 - July 1, 2011
Available from: 2012-07-06 Created: 2012-07-06 Last updated: 2019-04-11Bibliographically approved

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Hultkrantz, LarsLunander, Anders

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Citation style
  • apa
  • harvard1
  • ieee
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  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf