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A computer implementable bidding strategy model based on numerical integration is presented and its implications analyzed in a hypothetical competitive environment. Comparisons among data from several empirical bidding studies are made to support the potential usefulness of similar models.
A computer implementable bidding strategy model based on numerical integration is presented and its implications analyzed in a hypothetical competitive environment. Comparisons among data from several empirical bidding studies are made to support the potential usefulness of similar models.
Theory for Competitive Bidding
Fuerst, Michael (author)
Journal of the Construction Division ; 103 ; 139-152
2021-01-01
141977-01-01 pages
Article (Journal)
Electronic Resource
Unknown
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