arXiv · arXiv q-fin · 2022
Freight rate derivatives constitute a very popular financial tool in shipping industry, that allows to the market participants and the individuals operating in the field, to reassure their financial positions against the risk occurred by the volatility of the freight rates. The special structure of the shipping market attracted the interest of both academics and practitioners, since pricing of the related traded opti…
Georgios I. Papayiannis
arXiv · arXiv q-fin · 2021
Dynamic macroeconomic conditions and non-binding truckload freight contracts enable both shippers and carriers to behave opportunistically. We present an empirical analysis of carrier reciprocity in the US truckload transportation sector to demonstrate whether consistent performance and fair pricing by shippers when markets are in their favor result in maintained primary carrier tender acceptance when markets turn. T…
Angela Acocella, Chris Caplice, Yossi Sheffi
arXiv · arXiv q-fin · 2026
Intelligent transportation systems increasingly rely on decentralized mechanisms to allocate limited resources such as freight capacity, warehouse availability, charging infrastructure, and network bandwidth. Efficient allocation requires pricing mechanisms that adapt dynamically to demand while preserving system stability. This paper investigates weighted constant-function market makers as a decentralized resource a…
Vittorio Astarita, Giuseppe Guido, Sina Shaffiee Haghshenas, Sami Shaffiee Haghshenas