Results 261 to 270 of about 443,162 (297)

Construction bid price evaluation

Canadian Journal of Civil Engineering, 2001
To overcome the disadvantages of the low bid price policy in open competitive contracts, many are advocating the average bid method for bid evaluation. However, as elucidated in this study, this method has some disadvantages. The purpose of this paper is to propose an alternate statistical procedure for bid evaluation.
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Bid Increments in Second-Price Sealed Bid Auctions [PDF]

, 2005
This note concerns bidding in a hybrid first-price and second-price auction. The winning bidder sometimes pays his bid and sometimes pays an amount determined by the next highest bid. In internet auctions where bidders wait until the end of the auction to bid the auction reduces to a sealed-bid auction and the bid function we derive may be relevant in ...
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A Probability Model for Strategic Bidding on “The Price Is Right”

Decision Analysis, 2018
The TV game show “The Price is Right” features a bidding auction called “Contestants’ Row” that rewards the player (out of 4) who bids closest to an item’s value, without overbidding. This paper considers ways in which players can maximize a winning probability based on the player's bidding order.
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9. Pricing and Bidding

1996
Claes-Axel Andersson, Andreas Beusch, Derek Miles   +2 more
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Uniform Pricing or Pay-as-Bid Pricing

The Electricity Journal, 2001
Alfred E. Kahn, Peter C. Cramton, Robert H. Porter, Richard D. Tabors   +3 more
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Classifying the Level of Bid Price Volatility Based on Machine Learning with Parameters from Bid Documents as Risk Factors

Sustainability, 2021
YeEun Jang, Jeongwook Son
exaly  

Pricing in a Closed Bid Environment

2015
Closed competitive bidding results in business awarded to qualified suppliers primarily on the basis of price. In developing a bidding strategy the firm must balance the objective of making a profit against the requirement of bidding low enough to win the job.
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The Characteristics of Low Bid Price Survey Standards and Their Impact

Journal of Industry, Competition and Trade, 2021
Koki Arai
exaly  

Determination of the Winning Bid And The Price

2002
Abstract At first sight it may appear quite simple to determine which bid is the winning bid. how bids are to be matched and what the purchase price is. However, this is not necessarily simple. This chapter will illustrate some particularly difficult situations and provide recommendations on how to avoid uncertainty by express ...
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Bidding Price Foundation And Update

Ovidius University Annals, Economic Sciences Series, 2014
Setting the bidding price is made according to the settlement of profit margin and indirect tax volume and company trade markup. The manufacturer is interested in obtaining the product with the smallest cost and must use the analysis of design costs. In the market economy, the manufacturer is interested in obtaining the product with the lowest possible
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