One model of two-sided price coordination on the transport market

Nikolay Goryaev, Konstantin Kudryavtsev*, Sergey Tsiulin

*Corresponding author for this work

Research output: Contribution to book/anthology/report/conference proceedingArticle in proceedingResearchpeer-review

Abstract

A mathematical model of determining the tariff systems of information exchange between transport market participants is offered. The algorithm called “the method of minimal concessions” allows to determinate the tariff automatically. This article presents a comparison of simulated transportation tariffs and prices for real applications; it shows the adequacy of the proposed algorithm and the process of harmonization of prices between customers and transport carriers. Application of game theory allows to automate the process of concluding carriage contracts, and to improve significantly the efficiency of information exchange systems of the transport market participants.

Original languageEnglish
Title of host publicationProceedings of the 1st International Scientific Conference Intelligent Information Technologies for Industry, IITI 2016
EditorsAjith Abraham, Sergey Kovalev, Valery Tarassov, Vaclav Snasel
Number of pages9
PublisherPhysica-Verlag
Publication date1 Jan 2016
Pages431-439
ISBN (Print)9783319338156
DOIs
Publication statusPublished - 1 Jan 2016
Event1st International Scientific Conference on Intelligent Information Technologies for Industry, IITI 2016 - Sochi, Russian Federation
Duration: 16 May 201621 May 2016

Conference

Conference1st International Scientific Conference on Intelligent Information Technologies for Industry, IITI 2016
Country/TerritoryRussian Federation
CitySochi
Period16/05/201621/05/2016
SponsorRostov State Transport University, Russia, VSB-Technical University of Ostrava, Czech Republic
SeriesAdvances in Intelligent Systems and Computing
Volume451
ISSN2194-5357

Keywords

  • Information system
  • Matching contract
  • Mathematical model
  • Mechanism
  • Method of minimal concessions
  • Transport

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