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Journal articles on the topic 'Bidding'

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1

Ekwonwune, Emmanuel Nwabueze, Duru Ngozi A., and Uka Kanayo K. "Design of a web – based online Contract Administrative System platform of an Engineering firm." International Journal of Engineering and Computer Science 8, no. 05 (2019): 24612–20. http://dx.doi.org/10.18535/ijecs/v8i05.4285.

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This paper is aimed at designing a dynamic web – based Contract Bidding Information System that will be used to register details online to enable bidding for advertised contracts. It was motivated by the growing recognition of the need to modify bidding operation previously done manually. The Structured System Analysis and Design Methodology (SSADM) was used to develop a contract bidding system. A web – based application will be developed to enable bidders register and submit their biddings online.
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Lyrio, Mauricio Vasconcellos Leao, Karen Sabrina Bayestorff Duarte, Tenorio Abs Jr., Fabricia Silva da Rosa, and Rogerio Joao Lunkes. "Data Science in Promoting the Participation of SMEs in Public Biddings in Santa Catarina State, Brazil: The Case of BIEL." Public Administration Research 13, no. 2 (2024): 52. http://dx.doi.org/10.5539/par.v13n2p52.

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This paper addresses public bidding from the perspective of developing small and medium-sized enterprises (SMEs). It aims to present a prototype, BIEL, to make it easier for suppliers to locate notices to participate in, increasing their competitiveness and access to public bidding. The context of this research is SMEs’ participation in public biddings in Santa Catarina (SC) State, Brazil, in which suppliers use the SC Purchasing Portal to seek bidding notices. Diagnosing the problem situation requires simplifying the search for notices and allowing suppliers to find those notices th
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Li, Yu Hui. "Chinese Enterprises in the Competition in the International Project Bidding Analysis." Advanced Materials Research 1079-1080 (December 2014): 1111–14. http://dx.doi.org/10.4028/www.scientific.net/amr.1079-1080.1111.

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The biddingat home and abroad was reviewed and compared with the bidding,pre-qualification, project environment differences, similarities anddifferences of contract conditions, etc.International project tender offersstrategy including binding decision-making strategy, in-depth hinterlandstrategy and combined strategy. Transnational project bidding quotation hasexpanded the unit price, opens the mouth to upgrade offer, more quotation, noprofit, joint offer insurance mark, and other skills. Through these analyses,put forward reasonable suggestions to our country in the international projectbiddi
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Zhu, Xiao Bo. "Strategic Learning in Multiple Equilibria for Double Bargaining Mechanism by PSO." Applied Mechanics and Materials 571-572 (June 2014): 258–61. http://dx.doi.org/10.4028/www.scientific.net/amm.571-572.258.

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The learning behaviours of buyers and sellers with the assumption of bounded rationality were studied in the double sealed-bid bargaining mechanism. A multi-agent simulation trading system was constructed to observe the process of equilibrium approach when exist the multiple equilibria. The bidding choices of the agents were modelled by particle swarm optimization (PSO) algorithm. In our proposed model, two populations of buyers and sellers were randomly matched to deal repeatedly until the iteration stop, and each agent would update his bidding strategy in each round by imitating the successf
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Anh, Chu Minh. "Basic Issues of Bidding Management of Construction Enterprises." Middle East Research Journal of Economics and Management 5, no. 02 (2025): 14–22. https://doi.org/10.36348/merjem.2025.v05i02.002.

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This study aims to explore the basic contents of bidding management of construction enterprises and the limitations and shortcomings of this activity. To achieve this purpose, this study focuses on studying theoretical issues of bidding activities and bidding management of construction enterprises; surveying the current status of bidding activities and bidding management of construction enterprises. The research results show that bidding activities and management of construction enterprises have achieved many important results, contributing to the general transparency of bidding activities and
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Zhang, Yixi, Bee Lan Oo, Goran Runeson, and Benson Teck Heng Lim. "An Empirical Study of Contractors’ Bidding Trends in Recurrent Bidding: A Case of Singapore Public Sector Construction Projects." Buildings 15, no. 4 (2025): 555. https://doi.org/10.3390/buildings15040555.

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There have been limited empirical studies that aimed to establish the tenability of the stationarity assumption in recurrent construction bidding, and thus the need for and importance of allowing for continuity in bidding models remain unexplored. This study examined the bidding trends of individual contractors according to their level of experience in recurrent bidding, to test the tenability of the stationarity assumption. The data sample was a past bidding dataset of Singapore public sector construction projects over a five-year period between 2017 and 2021, with over 8000 bidding records f
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Anh, Chu Minh. "Law on Bidding in Capital Construction: Current Status of Regulations, Limitations and Proposed Solutions." Middle East Research Journal of Economics and Management 4, no. 03 (2024): 75–83. http://dx.doi.org/10.36348/merjem.2024.v04i03.001.

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Bidding is part of procurement activities between businesses, between businesses and state agencies. This is a form of civilized competition in the market economy, a special transaction method for large-scale transactions that require efficiency and transparency. The nature of bidding is a form of civilized competition in a market economy. Bidding activities are carried out in many fields such as construction, equipment procurement, project implementation, etc. Therefore, all professional businesses, whether Vietnam or foreign, no matter what field, any model, if it has enough capacity, cannot
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Tsung, Chen-Kun, Hann-Jang Ho, and Sing-Ling Lee. "Strategic Bidding Behaviors in Nondecreasing Sponsored Search Auctions." Mathematical Problems in Engineering 2013 (2013): 1–8. http://dx.doi.org/10.1155/2013/206386.

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To realize the specific results in the sponsored search auctions, most advertisers submit particular bid prices. The bidding behaviors with specific purposes are called as the strategic bidding. However, some strategic bidding behaviors will result in negative effects, such as the elimination of the equilibrium and the payment increase for some advertisers. The bidding behaviors with negative results are termed as the vindictive bidding. We survey four strategic bidding behaviors which include a rational bidding and three vindictive bidding strategies. In this paper, we study the relationship
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9

Fu, Heyan. "Construction Project Bidding Agency and Cost Management Strategy in Bidding Stage." Journal of Architectural Research and Development 6, no. 3 (2022): 21–26. http://dx.doi.org/10.26689/jard.v6i3.3913.

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In the social development, bidding agency plays an important part, providing services for the development of construction project bidding, and endows the development of construction project bidding with a diversified characteristic. The cost management of a construction project bidding stage has a dynamic characteristic. The bidding agency can provide bidding related business for the construction enterprises to ensure the quality and the effect of the bidding service, leading to the foundation for the sustainable development of the construction enterprises. This paper analyzes the deficiency i
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10

Chiou, Chin Rung, Jyh Dong Lin, and Guan Jia Huang. "Analyzing Bidding Strategy for Pavement Engineering with Multi-Criteria Decision-Making." Advanced Materials Research 723 (August 2013): 798–804. http://dx.doi.org/10.4028/www.scientific.net/amr.723.798.

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This study analyzes key success factors of bidding results and provides the optimal bidding strategy for the pavement engineering. According to Public construction bidding management system data of Public Construction Commission of Executive Yuan, we found that the optimal bidding strategies in the most studies only focused on bidding prices and winning bid amounts. However, public constructions are usually on a large scale with great investments, it is critical to control budgets under quality and duration considerations. In addition, it is complicated for bidders to implement the optimal bid
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11

Thompson, A. G., and V. W. C. Lok. "OFFSHORE PETROLEUM EXPLORATION IN AUSTRALIA ACREAGE BIDDING SYSTEMS: WORK BIDDING OR CASH BIDDING?" APPEA Journal 43, no. 1 (2003): 677. http://dx.doi.org/10.1071/aj02039.

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The design and efficiency of offshore petroleum acreage bidding systems bear directly on the risk and cost for participants investing in exploration and development projects offshore Australia.Companies, financiers and investors who are interested in investing in petroleum exploration and development activities will find a mixed regime of State and Federal legislation governs such activities in Australia.While the concept of the work program bidding system appears to be sound, the administration of it by the Joint Authorities and Designated Authorities and delegated officers potentially create
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12

Nie, Dong. "The Prediction Study of Bidding Control Price Based on GM Model." Applied Mechanics and Materials 409-410 (September 2013): 1524–28. http://dx.doi.org/10.4028/www.scientific.net/amm.409-410.1524.

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The bidding control price is the highest price of the project bidding price which is set beforehand. The appropriately bidding control price which tenders compile can embody the excellent enterprise`s competitiveness, improve the efficiency of bidding and reduce the project cost. So how to forecast the bidding control price accurately and rapidly has important significance for the bidding work. In this paper, based on the gray system theory and taking the interaction between main variables of the bidding control price into due consideration, the gray prediction model is established to forecast
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13

Luo, Xiaotong, Yongjian Chen, Shengda Zhuo, et al. "Imagine and Imitate: Cost-Effective Bidding under Partially Observable Price Landscapes." Big Data and Cognitive Computing 8, no. 5 (2024): 46. http://dx.doi.org/10.3390/bdcc8050046.

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Real-time bidding has become a major means for online advertisement exchange. The goal of a real-time bidding strategy is to maximize the benefits for stakeholders, e.g., click-through rates or conversion rates. However, in practise, the optimal bidding strategy for real-time bidding is constrained by at least three aspects: cost-effectiveness, the dynamic nature of market prices, and the issue of missing bidding values. To address these challenges, we propose Imagine and Imitate Bidding (IIBidder), which includes Strategy Imitation and Imagination modules, to generate cost-effective bidding s
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Shan, Hong Sheng. "Research on Power Equipment Bidding Evaluation Combining the Entropy-Weight Method and the ELECTRE Method." Advanced Materials Research 361-363 (October 2011): 1490–94. http://dx.doi.org/10.4028/www.scientific.net/amr.361-363.1490.

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Bidding evaluation is an important aspect in equipment procurement, and there are still some problems with the current bidding evaluation method being used. This paper presents a bidding evaluation method which combines the entropy-weight method and the ELECTRE method to create a new bidding evaluation model. Finally, the application of this bidding evaluation method in power equipment purchase is illustrated by using thermal power auxiliary equipment bidding procurement as an example.
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15

Zhang, Xiaoyu, Rongheng Lin, Yuchang Bo, and Fangchun Yang. "The Synergy of Double Neural Networks for Bridge Bidding." Mathematics 10, no. 17 (2022): 3187. http://dx.doi.org/10.3390/math10173187.

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Artificial intelligence (AI) has made many breakthroughs in the perfect information game. Nevertheless, Bridge, a multiplayer imperfect information game, is still quite challenging. Bridge consists of two parts: bidding and playing. Bidding accounts for about 75% of the game and playing for about 25%. Expert-level teams are generally indistinguishable at the playing level, so bidding is the more decisive factor in winning or losing. The two teams can communicate using different systems during the bidding phase. However, existing bridge bidding models focus on at most one bidding system, which
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16

Nguyen, Hoang Phuoc. "Factors affecting the reduction range in biddings in Ca Mau province." Science & Technology Development Journal - Economics - Law and Management 1, Q3 (2017): 24–33. http://dx.doi.org/10.32508/stdjelm.v1iq3.454.

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The objective of this paper is to examine factors affecting the price reduction range in biddings in Ca Mau province by bidding organizers. Based on theory of asymmetric information by Acerola (1970), we employed multiple regression model on data of 500 bid packages in Ca Mau from 2009 to 2016 to test hypotheses. The results indicate the number of participating bidders (N), funds allocated for bid packages (C), owner (O), and the total investment (TI) are positively related to the reduction range (RR). In addition, bid decider (D)and contracting time (CT) are negatively related to the reductio
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17

Dong, Kunxiang, Yan Sun, Zongxiao Xie, and Jie Zhen. "How to Bid Success in Crowdsourcing Contest? ― Evidence from the Translation Tasks of Tripadvisor." Journal of Systems Science and Information 8, no. 2 (2020): 170–84. http://dx.doi.org/10.21078/jssi-2020-170-15.

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AbstractMaterial incentive is the main motivation for solvers to attend crowdsourcing tasks. So raising the bidding success rate is benefit to inspire the solvers attendance’ and increase the answering quality. This paper analyzes the effect of participation experience, task-fit capability, participation strategy and task attribute on the solvers bidding success by the solvers attending the series tasks of Tripadvisor. The results show that: 1) Participation times enrich the participation experiences and promote the bidding success, while bidding success times and last performances lower the b
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18

Putri, Miranda, and Christina L. Rudatin. "Peranan PCO dalam Bidding Konferensi Asosiasi: 2021 Asia Pacific Cities Summit." Bisnis Event 1, no. 2 (2020): 52–57. http://dx.doi.org/10.32722/bev.v1i2.5408.

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Pihak yang seharusnya melakukan bidding adalah asosiasi lokal, namun demikian inisiatif untuk melakukan bidding dapat datang dari PCO. PT Rajawali Pacific Internusa adalah PCO yang memiliki inisiatif untuk melakukan bidding “Asia Pacific Cities Summit & Mayor’s Forum” di Brisbane, Australia Juli 2019 bersama dengan INACEB, Kementerian Pariwisata RI dan asosiasi terkait. Peran Rajawali Convex dalam bidding ini adalah sebagai pihak yang memprakarsai bidding 2021 APCS serta sebagai pemimpin dan pengarah pada saat tim bidding tiba, saat akan mengikuti bidding dan juga mengurus akomodasi selama
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Meng, Tao. "Computer Aided Design of Architecture Engineering Based on Mathematical Model of AHP." Applied Mechanics and Materials 556-562 (May 2014): 877–80. http://dx.doi.org/10.4028/www.scientific.net/amm.556-562.877.

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In this paper we introduced AHP method in bidding management of construction engineering, and use the MATLAB software to establish the bidding computer analysis system. This paper expounds AHP of the construction bidding process, and design AHP of computer bidding management system according to it. In order to verify the applicability of the model in bidding management system, we use MATLAB software to design bidding data analysis and simulation experiment of the construction. Through the calculation we obtain MATLAB visual display window of bid data analysis. At 50 steps, the convergence resi
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20

Verma, Shyam. "Bidding adieu." Indian Dermatology Online Journal 6, no. 6 (2015): 379. http://dx.doi.org/10.4103/2229-5178.169734.

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21

Glimcher, Laurie H. "Bidding Farewell." Journal of Immunology 171, no. 12 (2003): 6313. http://dx.doi.org/10.4049/jimmunol.171.12.6313.

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22

Klemperer, P. "BIDDING MARKETS." Journal of Competition Law and Economics 3, no. 1 (2007): 1–47. http://dx.doi.org/10.1093/joclec/nhl017.

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23

Lockwood, Dunbar. "Bidding down." Bulletin of the Atomic Scientists 48, no. 3 (1992): 8–10. http://dx.doi.org/10.1080/00963402.1992.11460074.

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24

Bhat, Jay, and Sam Payne. "Bidding Chess." Mathematical Intelligencer 31, no. 4 (2009): 37–39. http://dx.doi.org/10.1007/s00283-009-9057-7.

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Huston, Patricia. "Bidding farewell." Canadian Journal of Public Health 97, no. 3 (2006): 165. http://dx.doi.org/10.1007/bf03405576.

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26

Giovannoni, Francesco, and Miltiadis Makris. "REPUTATIONAL BIDDING." International Economic Review 55, no. 3 (2014): 693–710. http://dx.doi.org/10.1111/iere.12067.

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27

Christianson, Jon B. "Competitive bidding." Health Care Management Review 10, no. 2 (1985): 39–54. http://dx.doi.org/10.1097/00004010-198501020-00006.

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28

Deltas, George, and Richard Engelbrecht-Wiggans. "Naive Bidding." Management Science 51, no. 3 (2005): 328–38. http://dx.doi.org/10.1287/mnsc.1040.0330.

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Fellows, R. F. "Karma bidding." Habitat International 14, no. 2-3 (1990): 115–18. http://dx.doi.org/10.1016/0197-3975(90)90041-x.

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Desai, Chetna. "Bidding Adieu…" Indian Journal of Pharmacology 49, no. 1 (2017): 1. http://dx.doi.org/10.4103/ijp.ijp_47_17.

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Lan Oo, Bee, Hing‐Po Lo, and Benson Teck‐Heng Lim. "The effect of bidding success in construction bidding." Engineering, Construction and Architectural Management 19, no. 1 (2012): 25–39. http://dx.doi.org/10.1108/09699981211192553.

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PurposeWinning a bid will carry implications for capacity level of a construction firm. This paper aims to examine the impact of a winning bid on contractors' bid pricing strategies.Design/methodology/approachIn identifying the specific types of bidding trends before and after a winning bid, the variations in bids are expressed as a function of time relative to winning bid – the “event” of interest in this study – using a piecewise mixed effects model. The bids analysed comprised series of bids with a winning bid in between, recorded from Hong Kong building contractors.FindingsThe results show
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Keung, Chung Wai, and Tak Wing Yiu. "Potential for long-term sustainability." Facilities 33, no. 3/4 (2015): 177–94. http://dx.doi.org/10.1108/f-07-2013-0056.

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Purpose – The purpose of this study is to develop a conceptual framework of bidding model for maintenance contractors. Sustainability is closely linked with the maintenance of facilities or infrastructure. From maintenance contractor’s perspective, one of their key business processes is to bid projects under fierce competition. Their competitiveness is critically affected by their bidding behaviours and bid makeup selections. Design/methodology/approach – This paper aims at identifying critical and important objectives of bidding and items affecting bidding strategies and developing a bidding
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T’Syen, Koen. "Market Power in Bidding Markets: An Economic Overview." World Competition 31, Issue 1 (2008): 37–62. http://dx.doi.org/10.54648/woco2008004.

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Undertakings often claim to operate on a bidding market, where it is impossible to have market power (“bidding market defence”). This defence is only valid under four conditions: winner-takes-all, lumpy demand, absence of lock-in effects and easy entry. If fulfilled, one speaks of an ideal bidding market. Non-compliance with at least one condition invalidates the defence, and “ordinary” antitrust problems resurge: firms may exercise market power. The feasibility thereof depends, firstly, on whether the bidding process is better qualified as an ascending or a sealed-bid auction and, secondly, o
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Anggraeni, Dewi, and Bagus Juliyanto. "MODELISASI BIDDING BOX BRIDGE DENGAN MENGGUNAKAN KURVA BEZIER DAN INTERPOLASI LINIER." Majalah Ilmiah Matematika dan Statistika 22, no. 1 (2022): 96. http://dx.doi.org/10.19184/mims.v22i1.22440.

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Bidding Box is used as a place for bridge bid cards with various models. The Bidding Box is made using a technique resulting from the Bezier curves and linear interpolations. This study aims to produce a procedure for how to design various relics in the Bidding Box. This research method is divided into several stages. First, build some basic objects as constituent components of the Bidding Box from beam and rectangular. Next, the procedure for assembling the components of the Bidding Box from the first procedure is on one modeling axis.Keywords : Bidding box, deformation, Bezier curveMSC2020 :
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Hu, Zhen Yu, Shui Bo Zhang, and Xin Yan Liu. "Research on Bidding Decision-making of International Public-Private Partnership Projects." E3S Web of Conferences 38 (2018): 03016. http://dx.doi.org/10.1051/e3sconf/20183803016.

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In order to select the optimal quasi-bidding project for an investment enterprise, a bidding decision-making model for international PPP projects was established in this paper. Firstly, the literature frequency statistics method was adopted to screen out the bidding decision-making indexes, and accordingly the bidding decision-making index system for international PPP projects was constructed. Then, the group decision-making characteristic root method, the entropy weight method, and the optimization model based on least square method were used to set the decision-making index weights. The opti
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Su, Limin, Tianze Wang, Huimin Li, Yongchao Chao, and Lunyan Wang. "MULTI-CRITERIA DECISION MAKING FOR IDENTIFICATION OF UNBALANCED BIDDING." JOURNAL OF CIVIL ENGINEERING AND MANAGEMENT 26, no. 1 (2019): 43–52. http://dx.doi.org/10.3846/jcem.2019.11568.

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Unbalanced bidding is a serious problem in the competitive bidding practices of construction projects. Identification and prevention of unbalanced bidding is an important and complexity task for owners. This paper aims to propose an identification model of unbalanced bidding from multi-criteria decision making (MCDM) perspective. The VIKOR method is employed to detect unbalanced bidding, in which the line items and bidders are considered as criteria and alternatives in MCDM, respectively. And the engineer’s estimated price is chosen as evaluation benchmarking. Then relative distances between e
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Zhang, Zongyuan, Jincan Liu, Zhitian Zhang, and Bin Chen. "Study on the Dynamic Evolution of Transverse Collusive Bidding Behavior and Regulation Countermeasures Under the “Machine-Managed Bidding” System." Buildings 15, no. 2 (2025): 150. https://doi.org/10.3390/buildings15020150.

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The Machine-Managed Bidding (MMB) system is an innovative bidding mode implemented by the Chinese government to mitigate collusive bidding behavior. Prior studies have focused minimally on the bidding mechanism and the possible collusive bidding behavior under this mode. The objectives of this study are to analyze the bidding mechanism and the dynamic evolution of collusive bidding behavior under the MMB system and provide targeted regulation countermeasures. To this end, this study develops an evolutionary game model among collusion initiators, free bidders, and regulators, explores possible
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Zhang, Xiaoyu, Wei Liu, Linhui Lou, and Fangchun Yang. "AI Enabled Bridge Bidding Supporting Interactive Visualization." Sensors 22, no. 5 (2022): 1877. http://dx.doi.org/10.3390/s22051877.

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With the fast progress in perfect information game problems such as AI chess and AI Go, researchers have turned to imperfect information game problems, including Texas Hold’em and Bridge. Bridge is one of the most challenging card games that have significant research value. Bridge playing is divided into two phases: bidding and playing. This paper focuses on bridge bidding and proposes a bridge bidding service framework using deep neural networks, and supports bidding visualization for the first time. The framework consists of two parts: the bidding model (BM) with a multilayer neural network,
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Oo, Bee Lan, Abdul-Rashid Abdul-Aziz, and Yoke Mui Lim. "Information Feedback and Learning in Construction Bidding." Construction Economics and Building 11, no. 3 (2011): 34–44. http://dx.doi.org/10.5130/ajceb.v11i3.2173.

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Information feedback condition in recurrent construction bidding is an important design variable about optimal procurement design. Contractors tend to optimize their bids in recurrent bidding with positive review of historic bids. Our experiment examines the effects of partial and no information feedback conditions on student (inexperienced) bidders’ bidding trends, and the extent to which their bidding trends agree with the behavioural patterns proposed by learning direction theory. The results show that the variations in bids over time for both information feedback conditions are statistical
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Wang, Qiu Fang, Xing Liu, and Juan Fang Li. "Study on Employer's Cost Control in the Bidding Phase." Applied Mechanics and Materials 438-439 (October 2013): 1791–95. http://dx.doi.org/10.4028/www.scientific.net/amm.438-439.1791.

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Bidding stage is one of the important stages of cost control of project construction, which is a form of beforehand control and active control. In order to make rational use of construction funds and pursuit investment returns to a greater extent, the employer should strengthen the construction cost control in the bidding phase. To begin with, this paper analyzes the significance of construction cost control in the bidding phase, states the form of expression of construction cost in the bidding phase, and focuses on the analysis of influence factors of cost control in the bidding phase. Finall
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Xu, De, and Qing Yang. "The Systems Approach and Design Path of Electronic Bidding Systems Based on Blockchain Technology." Electronics 11, no. 21 (2022): 3501. http://dx.doi.org/10.3390/electronics11213501.

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The electronic tendering and bidding system has realized the digitalization, networking, and high integration of the whole process of tendering, bidding, bid evaluation, and contract, which has a wide range of applications. However, the trust degree, cooperation, and transaction efficiency of the parties involved in electronic bidding are low, and bidding fraud and collusion are forbidden repeatedly. Blockchain technology has the characteristics of decentralization, transparent transactions, traceability, non-tampering and forgery detection, and data security. This paper proposes a design path
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Xinyi, Yang, Chen Han, Chen Liu, Xie Ying, and Chen Bing. "Research on Intelligent Verification Technology of Bid Evaluation Results." BCP Business & Management 45 (April 27, 2023): 402–6. http://dx.doi.org/10.54691/bcpbm.v45i.4961.

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Bidding is an important procurement method. By giving full play to the advantages of bidding enterprises and carrying out open and fair competition, it has realized the effective optimization of the market economic environment and significantly improved the benefits of engineering projects. The bidding of power engineering project is to realize the fair and transparent competition among bidding units. In order to improve the standardization and fairness of bid evaluation results and solve the final control problem of power bidding, it is particularly important to do a good job in the intellige
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Sun, Lei, Yan Zeng, and Hong Mei Xing. "Real-Time Bidding Based on MooTools without Refreshing Page." Applied Mechanics and Materials 496-500 (January 2014): 2038–41. http://dx.doi.org/10.4028/www.scientific.net/amm.496-500.2038.

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The link of bidding is the key to large quantities of goods and materials purchasing of the railway. To meet the requirements of the procurement bidding, both sides are required to complete the process of bidding, consultation, and evaluation within the set time online synchronously. This paper introduces the real-time bidding based on MooTools without page refreshed.
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Lyu, Kexin. "Research on Multi-round First-price Sealed Bidding Strategy Based on Bidders' Incomplete Information Game." Advances in Economics, Management and Political Sciences 105, no. 1 (2024): 133–38. http://dx.doi.org/10.54254/2754-1169/105/20241969.

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Bidding mechanisms are essential for the market and policies because bidding patterns have an impact on economic rationality and are crucial for the functioning of the construction industry. Thus, this paper consolidates the findings from the multiple rounds of combinatorial auctions, the winners curse in incomplete information auctions, and game theory. There is no doubt that bidding mechanisms play an important role in markets and policies in economic activities. This paper's related topics of interest would be multi-round combinatorial auctions, winners curses in project bidding, and game t
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Liu, Tianzheng. "Empowering Small and Medium Enterprises: A Paradigm Shift in Financing Mechanism and Policy Enhancement." Advances in Economics, Management and Political Sciences 78, no. 1 (2024): 228–34. http://dx.doi.org/10.54254/2754-1169/78/20241723.

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This study presents a transformative narrative in the financial landscape, envisioning enhanced financing prospects for small and medium enterprises (SMEs). By dissecting the dynamics between financing mechanisms and policy frameworks in the stock market during 2015-2016 and 2020-2023, the research unveils a significant reduction in average discount rates under the new private placement policy, promising positive prospects for SMEs. Notably, major shareholder involvement demonstrates a positive correlation with discount rates in fixed-price issuances and a negative correlation in bidding issua
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Cheng, Min Yuan, and Chia Chi Hsiang. "Bidding Decision Model Based on Prospect Theory and Game Theory." Advanced Materials Research 723 (August 2013): 951–59. http://dx.doi.org/10.4028/www.scientific.net/amr.723.951.

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In the construction industry, most of the owners apply competitive bidding to award a contract to the lowest price qualified contractor. This study proposes a model concerning the preferences and the behaviors of all decision makers whom participation in an competitive bidding to assist contractors to make optimal bidding strategy decisions and set appropriate bidding prices. Researchers demonstrated model applicability using an actual case study, which shows how this model help the construction company’s primary decision maker to determine the appropriate bidding price in a multi-competitors
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Fu, Hao, Rong Fang Qin, Zhan Kui Dong, Dong Zheng, and Jian Pin Zha. "The Snip Bidding in Online Auction: Empirical Evidence from the Single Unit Auction on www.taobao.com." Applied Mechanics and Materials 58-60 (June 2011): 579–83. http://dx.doi.org/10.4028/www.scientific.net/amm.58-60.579.

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This paper comparatively analyses the snip bidding intensity using the auction data of two kinds of goods from www.taobao.com by normative data collecting method, based on observation of the relationship between the bidding time and auction price in online auction. Our results indicate that it has obvious snip bidding behavior in online auction on www.taobao.com. The intensity of the snip bidding is different because of different goods categories. It primarily proves that in Chinese online auction market there exists similar snip bidding behavior in mature market of developed countries.
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Zhang, Su Juan. "The Instances of Highway Engineering Bidding Price Control." Advanced Materials Research 933 (May 2014): 947–50. http://dx.doi.org/10.4028/www.scientific.net/amr.933.947.

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Highway engineering tender price control is the maximum limit of the construction cost. A reasonable bidding price control is the key factor in controlling the project investment effectively and preventing the bidders bidding up the price, it is also the key to a successful bidding. In this paper, the compilation process of bidding price control is given with practical examples of highway engineering.
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Ma, Xinqiang, Xuewei Li, Baoquan Zhong, et al. "A Detector and Evaluation Framework of Abnormal Bidding Behavior Based on Supplier Portrait." International Journal of Information Technology and Web Engineering 16, no. 2 (2021): 58–74. http://dx.doi.org/10.4018/ijitwe.2021040104.

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In a large number of bidding supplier groups, it is difficult to accurately find suppliers with unreasonable bidding behavior. In order to solve the problem of precise positioning of massive abnormal bidding behavior groups of diverse and widely distributed suppliers, the authors design a detector framework of abnormal bidding behavior based on supplier portrait. This paper mainly focuses on three abnormal bidding behaviors which harmful to the tenderers—“affiliated operation,” “subcontracting behavior,” and “colluding behavior.” Based on the bidding behavior records of suppliers, this paper e
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De, Gejirifu, Zhongfu Tan, Menglu Li, Liling Huang, and Xueying Song. "Two-Stage Stochastic Optimization for the Strategic Bidding of a Generation Company Considering Wind Power Uncertainty." Energies 11, no. 12 (2018): 3527. http://dx.doi.org/10.3390/en11123527.

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With the deregulation of electricity market, generation companies must take part in strategic bidding by offering its bidding quantity and bidding price in a day-ahead electricity wholesale market to sell their electricity. This paper studies the strategic bidding of a generation company with thermal power units and wind farms. This company is assumed to be a price-maker, which indicates that its installed capacity is high enough to affect the market-clearing price in the electricity wholesale market. The relationship between the bidding quantity of the generation company and market-clearing p
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