IDEAS home Printed from https://ideas.repec.org/a/eee/ecotra/v4y2015i3p147-155.html
   My bibliography  Save this article

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2212012215000192
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ecotra.2015.04.002?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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. Akgün, Emine Zehra & Monios, Jason & Cowie, Jonathan & Fonzone, Achille, 2024. "The retailer perspective on the potential for using urban consolidation centres (UCCs)," Research in Transportation Economics, Elsevier, vol. 103(C).
    6. 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.
    7. 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.
    8. 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.
    9. 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.
    10. 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.
    11. 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.
    12. 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.
    13. 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.
    14. 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.
    15. 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).
    16. 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.
    17. Reiffer, Anna S. & Kübler, Jelle & Kagerbauer, Martin & Vortisch, Peter, 2023. "Agent-based model of last-mile parcel deliveries and travel demand incorporating online shopping behavior," Research in Transportation Economics, Elsevier, vol. 102(C).
    18. 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.
    19. 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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. 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.
    2. Stathopoulos, Amanda & Valeri, Eva & Marcucci, Edoardo, 2012. "Stakeholder reactions to urban freight policy innovation," Journal of Transport Geography, Elsevier, vol. 22(C), pages 34-45.
    3. 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.
    4. 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.
    5. Marcucci, Edoardo & Gatta, Valerio, 2017. "Investigating the potential for off-hour deliveries in the city of Rome: Retailers’ perceptions and stated reactions," Transportation Research Part A: Policy and Practice, Elsevier, vol. 102(C), pages 142-156.
    6. 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.
    7. Holguín-Veras, José & Encarnación, Trilce & González-Calderón, Carlos A., 2020. "User perception of fairness of time-of-day pricing and other typical toll discounts," Transportation Research Part A: Policy and Practice, Elsevier, vol. 137(C), pages 560-581.
    8. de Jong, Gerard & Kouwenhoven, Marco & Ruijs, Kim & van Houwe, Pieter & Borremans, Dana, 2016. "A time-period choice model for road freight transport in Flanders based on stated preference data," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 86(C), pages 20-31.
    9. Ian W.H. Parry, 2009. "Pricing Urban Congestion," Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 461-484, September.
    10. Button, Kenneth, 2020. "The Transition From Pigou’S Ideas On Road Pricing To Their Application," Journal of the History of Economic Thought, Cambridge University Press, vol. 42(3), pages 417-438, September.
    11. Amaya, Johanna & Arellana, Julian & Delgado-Lindeman, Maira, 2020. "Stakeholders perceptions to sustainable urban freight policies in emerging markets," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 329-348.
    12. 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.
    13. Wang, Xiaokun Cara & Kim, Woojung & Zhang, Dapeng, 2023. "What to do in response to toll increases: A behavioral analysis of freight carriers in New York State," Transportation Research Part A: Policy and Practice, Elsevier, vol. 173(C).
    14. Wilfredo Yushimito & Xuegang Ban & José Holguín-Veras, 2015. "Correcting the Market Failure in Work Trips with Work Rescheduling: An Analysis Using Bi-level Models for the Firm-workers Interplay," Networks and Spatial Economics, Springer, vol. 15(3), pages 883-915, September.
    15. Lotte Verdonck & Katrien Ramaekers & Benoît Depaire & An Caris & Gerrit K. Janssens, 2019. "Analysing the Effect of Partner Characteristics on the Performance of Horizontal Carrier Collaborations," Networks and Spatial Economics, Springer, vol. 19(2), pages 583-609, June.
    16. Taufiq Suryo Nugroho & Chandra Balijepalli & Anthony Whiteing, 2021. "Independent Retailer Restocking Choices in Urban Goods Movement and Interaction Effects with Traditional Markets," Networks and Spatial Economics, Springer, vol. 21(4), pages 933-969, December.
    17. M. Rouhani, Omid, 2014. "Road pricing: An overview," MPRA Paper 59662, University Library of Munich, Germany.
    18. Ramirez-Rios, Diana G. & Kalahasthi, Lokesh Kumar & Holguín-Veras, José, 2023. "On-street parking for freight, services, and e-commerce traffic in US cities: A simulation model incorporating demand and duration," Transportation Research Part A: Policy and Practice, Elsevier, vol. 169(C).
    19. Silas, Michael A. & Holguín-Veras, José & Jara-Díaz, Sergio, 2012. "Optimal distribution of financial incentives to foster off-hour deliveries in urban areas," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(8), pages 1205-1215.
    20. José Castillo-Manzano & Antonio Sánchez-Braza, 2013. "Managing a smart bicycle system when demand outstrips supply: the case of the university community in Seville," Transportation, Springer, vol. 40(2), pages 459-477, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecotra:v:4:y:2015:i:3:p:147-155. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecotra .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.