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Agent interactions and the response of supply chains to pricing and incentives

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  • Holguín-Veras, José
  • Aros-Vera, Felipe
  • Browne, Michael

Abstract

The paper analyzes how the interactions among the freight agents influence the supply chain’s response to public policy initiatives based on pricing and incentives. The fundamental tenet of this paper is that, because of the role played by agent interactions in supply chains, carrier centered approaches are likely to be less effective than comprehensive approaches that exploit the power relations between supply chain agents to achieve policy goals. The paper characterizes the typical roles and interactions between the agents involved in supply chains; provides an economic interpretation of these interactions; and conducts a comparative analysis of the (limited) real-life evidence pertaining to the behavioral impacts of pricing and incentives.

Suggested Citation

  • Holguín-Veras, José & Aros-Vera, Felipe & Browne, Michael, 2015. "Agent interactions and the response of supply chains to pricing and incentives," Economics of Transportation, Elsevier, vol. 4(3), pages 147-155.
    • Handle: RePEc:eee:ecotra:v:4:y:2015:i:3:p:147-155
    DOI: 10.1016/j.ecotra.2015.04.002
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    References listed on IDEAS

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    1. Ozbay, Kaan & Yanmaz-Tuzel, Ozlem, 2008. "Valuation of travel time and departure time choice in the presence of time-of-day pricing," Transportation Research Part A: Policy and Practice, Elsevier, vol. 42(4), pages 577-590, May.
    2. Jonathan Leape, 2006. "The London Congestion Charge," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 157-176, Fall.
    3. Holgui­n-Veras, José & Wang, Qian & Xu, Ning & Ozbay, Kaan & Cetin, Mecit & Polimeni, John, 2006. "The impacts of time of day pricing on the behavior of freight carriers in a congested urban area: Implications to road pricing," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(9), pages 744-766, November.
    4. José Holguín-Veras & Michael Silas & John Polimeni & Brenda Cruz, 2008. "An Investigation on the Effectiveness of Joint Receiver–Carrier Policies to Increase Truck Traffic in the Off-peak Hours," Networks and Spatial Economics, Springer, vol. 8(4), pages 327-354, December.
    5. Verhoef, Erik & Nijkamp, Peter & Rietveld, Piet, 1996. "Second-Best Congestion Pricing: The Case of an Untolled Alternative," Journal of Urban Economics, Elsevier, vol. 40(3), pages 279-302, November.
    6. Genevieve Giuliano & Thomas O’Brien, 2008. "Extended gate operations at the ports of Los Angeles and Long Beach: a preliminary assessment," Maritime Policy & Management, Taylor & Francis Journals, vol. 35(2), pages 215-235, April.
    7. Jose Holguín-Veras & Ning Xu & Gerard Jong & Hedi Maurer, 2011. "An Experimental Economics Investigation of Shipper-carrier Interactions in the Choice of Mode and Shipment Size in Freight Transport," Networks and Spatial Economics, Springer, vol. 11(3), pages 509-532, September.
    8. José Holguín-Veras & Qian Wang & Ning Xu & Kaan Ozbay, 2011. "The impacts of time of day pricing on car user behavior: findings from the Port Authority of New York and New Jersey’s initiative," Transportation, Springer, vol. 38(3), pages 427-443, May.
    9. Holguín-Veras, José & Allen, Brandon, 2013. "Time of day pricing and its multi-dimensional impacts: A stated preference analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 55(C), pages 12-26.
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    Citations

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    Cited by:

    1. Holguín-Veras, José & Amaya Leal, Johanna & Sanchez-Diaz, Ivan & Browne, Michael & Wojtowicz, Jeffrey, 2020. "State of the art and practice of urban freight management Part II: Financial approaches, logistics, and demand management," Transportation Research Part A: Policy and Practice, Elsevier, vol. 137(C), pages 383-410.
    2. Anand, Nilesh & van Duin, Ron & Tavasszy, Lorant, 2021. "Carbon credits and urban freight consolidation: An experiment using agent based simulation," Research in Transportation Economics, Elsevier, vol. 85(C).
    3. Holguín-Veras, José & Wang, Xiaokun (Cara) & Sánchez-Díaz, Iván & Campbell, Shama & Hodge, Stacey D. & Jaller, Miguel & Wojtowicz, Jeffrey, 2017. "Fostering unassisted off-hour deliveries: The role of incentives," Transportation Research Part A: Policy and Practice, Elsevier, vol. 102(C), pages 172-187.
    4. Marcucci, Edoardo & Le Pira, Michela & Gatta, Valerio & Inturri, Giuseppe & Ignaccolo, Matteo & Pluchino, Alessandro, 2017. "Simulating participatory urban freight transport policy-making: Accounting for heterogeneous stakeholders’ preferences and interaction effects," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 103(C), pages 69-86.
    5. Dalla Chiara, Giacomo & Goodchild, Anne, 2020. "Do commercial vehicles cruise for parking? Empirical evidence from Seattle," Transport Policy, Elsevier, vol. 97(C), pages 26-36.
    6. Caron, Benjamin & Holguín-Veras, José, 2022. "Receiver willingness to participate in off-hour service programs," Transportation Research Part A: Policy and Practice, Elsevier, vol. 156(C), pages 171-191.
    7. Daniele Crotti & Elena Maggi, 2023. "Social Responsibility and Urban Consolidation Centres in Sustainable Freight Transport Markets," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 9(2), pages 829-850, July.
    8. Mepparambath, Rakhi Manohar & Cheah, Lynette & Courcoubetis, Costas, 2021. "A theoretical framework to evaluate the traffic impact of urban freight consolidation centres," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 145(C).
    9. Dapeng Zhang & Xiaokun Wang & José Holguín-Veras & Wei Zou, 2019. "Investigation of carriers’ ability to transfer toll increases: an empirical analysis of freight agents’ relative market power," Transportation, Springer, vol. 46(6), pages 2291-2308, December.
    10. Eren Akyol, Derya & De Koster, René B.M., 2018. "Determining time windows in urban freight transport: A city cooperative approach," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 118(C), pages 34-50.
    11. Katarzyna Dohn & Marzena Kramarz & Edyta Przybylska, 2022. "Interaction with City Logistics Stakeholders as a Factor of the Development of Polish Cities on the Way to Becoming Smart Cities," Energies, MDPI, vol. 15(11), pages 1-24, June.
    12. Holguín-Veras, José & Amaya Leal, Johanna & Seruya, Barbara B., 2017. "Urban freight policymaking: The role of qualitative and quantitative research," Transport Policy, Elsevier, vol. 56(C), pages 75-85.
    13. Holguín-Veras, José & Ramirez-Rios, Diana & Pérez-Guzmán, Sofía, 2021. "Time-dependent patterns in freight trip generation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 148(C), pages 423-444.
    14. Holguín-Veras, José & Sánchez-Díaz, Iván, 2016. "Freight Demand Management and the Potential of Receiver-Led Consolidation programs," Transportation Research Part A: Policy and Practice, Elsevier, vol. 84(C), pages 109-130.
    15. Dapeng Zhang & Xiaokun (Cara) Wang, 2020. "Investigation of Freight Agents’ Interaction Considering Partner Selection and Joint Decision Making," Sustainability, MDPI, vol. 12(9), pages 1-15, May.
    16. María D. Gracia & Rosa G. González-Ramírez & Julio Mar-Ortiz, 2017. "The impact of lanes segmentation and booking levels on a container terminal gate congestion," Flexible Services and Manufacturing Journal, Springer, vol. 29(3), pages 403-432, December.
    17. Konstantina Katsela & Michael Browne, 2019. "Importance of the Stakeholders’ Interaction: Comparative, Longitudinal Study of Two City Logistics Initiatives," Sustainability, MDPI, vol. 11(20), pages 1-17, October.

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