Results 21 to 30 of about 44,780 (305)

TRIANGULAR DISTRIBUTION AND PERT METHOD VS. PAYOFF MATRIX FOR DECISION-MAKING SUPPORT IN RISK ANALYSIS OF CONSTRUCTION BIDDING: A CASE STUDY

open access: yesFacta Universitatis. Series: Architecture and Civil Engineering, 2020
Decision-making in construction bidding represents a complex process due to the present risk. Risk or uncertainty cannot be ignored and should be treated as a constituent of decision-making.
Milan Mirković
doaj   +1 more source

Multi‐stage energy‐risk adjustments using practical Byzantine fault tolerance consensus for blockchain‐powered peer‐to‐peer transactive markets

open access: yesEnergy Conversion and Economics, 2023
The energy risk associated with distributed energy resources is inevitable in peer‐to‐peer (P2P) transactive energy markets owing to mismatches between energy commitments and metered measurements.
Vivek Mohan   +5 more
doaj   +1 more source

Designing Risk-Averse Bidding Strategies in Sequential Auctions for Transportation Orders [PDF]

open access: yes, 2009
Designing efficient bidding strategies for agents participating in multiple, sequential auctions remains an important challenge for researchers in agent-mediated electronic markets.
La Poutre, J.A.   +7 more
core   +2 more sources

Market Commonality and Competition in Communities—An Empirical Study Based on Bidding Data of the Construction Market

open access: yesBuildings, 2021
In contrast to traditional enterprise rivalry, the construction market competition is irregular on the surface due to the randomization of client targets and the one-time competition organization, which conflicts with construction businesses’ perceptions
Keda Chen, Kunhui Ye
doaj   +1 more source

Bidding in an Electricity Pay-as-Bid Auction [PDF]

open access: yesJournal of Regulatory Economics, 2001
One of the main elements of the current reform of electricity trading in the UK is the change from a uniform price auction in the wholesale market to discriminatory pricing. We analyse this change under two polar market structures (perfectly competitive and monopolistic supply), with demand uncertainty.
Giulio Federico, David Rahman
openaire   +1 more source

Insights from Actual Day-Ahead Bidding of Hydropower

open access: yesInternational Journal of Sustainable Energy Planning and Management, 2015
We analyse bidding behavior in the Nordic electricity market, where producers submit supply schedules for tomorrow's generation in a day-ahead auction.
Erik N Alnæs   +3 more
doaj   +1 more source

Competitive bidding with a bid floor [PDF]

open access: yesInternational Journal of Economic Theory, 2011
We study competitive bidding with an explicit bid floor, motivated by minimum wage legislation and minimum labor standards. We derive the equilibrium strategies in, and compare the expected procurement costs among, the first-price, second-price, English, and Dutch auctions in a private-cost model.
Bin R. Chen, Y. Stephen Chiu
openaire   +4 more sources

Online Auctions End Time and its Impact on Sales Success – Analysis of the Odds Ratio on a Selected Central European Market

open access: yesFolia Oeconomica Stetinensia, 2022
Research background: E-commerce is developing rapidly, especially during the Covid19 pandemic. This fact can benefit individuals who want to sell their already used goods.
Zakonnik Łukasz   +2 more
doaj   +1 more source

Competitive Bidding on Import Tenders: The Case of Minor Oilseeds

open access: yesJournal of Agricultural and Resource Economics, 2001
A common and noteworthy application of auctions and bidding is that of tendering for imports, used for both price determination and the allocation of purchases among sellers. In this study we develop a model to evaluate bidding strategies and competition
William W. Wilson, Matthew A. Diersen
doaj   +1 more source

Bidding Markets [PDF]

open access: yesJournal of Competition Law and Economics, 2005
The existence of a "bidding market" is commonly cited as a reason to tolerate the creation or maintenance of highly concentrated markets. We discuss three erroneous arguments to that effect: the "consultants' fallacy" that "market power is impossible," the "academics' fallacy" that (often) "market power does not matter," and the "regulators' fallacy ...
openaire   +2 more sources

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