Results 251 to 260 of about 1,010,185 (295)

A Bidding Model of Perfect Competition

The Review of Economic Studies, 1977
I demonstrate in this paper that price formation via the procedure of competitive bidding satisfies a version of the law of large numbers, in both the probabilistic sense and the economic sense. That is, if in a sealed-tender auction a seller offers to sell at the highest bid an item having a definite but unknown monetary value, and each of many ...
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Dynamic Markets with Competitive Bidding

The Review of Economic Studies, 1988
The model features a dynamic market in steady state in which prices are determined in first-price auctions. It combines competition over time familiar from the pairwise meeting models with instantaneous bidding competition. It inquires how different properties of the model determine the relative importance of these two aspects of the competition and ...
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Distributions in Competitive Bidding

Journal of the Operational Research Society, 1991
Analyses of historical tendering data for a company selling concrete farm buildings have called into question the usual assumption of normality or lognormality for the probability distribution. The desirability of modelling individual competitors' strategies is reinforced.
Malcolm King, Alan Mercer
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A Competitive-Bidding Strategy

Operations Research, 1956
A method is presented that determines optimum bids in a competitive-bidding situation where each competitor submits one closed bid. The number of bidders may be large or may be unknown. This method makes use of the previous “bidding patterns” of all possible opposition bidders and in the case where the bidding is on contracts, the estimated ...
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Theory for Competitive Bidding

Journal of the Construction Division, 1977
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.
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Competitive Tendering and Bidding

1992
The public sector in the UK has been under considerable government pressure in the last ten years to become more efficient and to hive off some of its activities to private industry. In particular the Conservative governments of the 1980s committed themselves to contracting out public sector functions wherever possible.
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Purchasing by Competitive Bidding

Journal AWWA, 1931
The purpose of this paper is to set forth a simple and effective method covering purchasing by means of securing competitive quotations. Purchasing by means of competitive quotations is most effectively accomplished by centralization of purchasing and the placing of the responsibility of that function of the business under the jurisdiction of one ...
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Simulating Competitive Bidding in Construction Collusive Bidding Cases

Journal of Management in Engineering - ASCE, 2022
Jae-Seob Lee
exaly  

Competitive-Bidding-Modelle

1978
Schon seit etwa zwanzig Jahren werden vor allem in der amerikanischen Operations- Research-Literatur Competitive-Bidding-Modelle als Hilfsmittel zur Festsetzung der Angebotspreise in Ausschreibungssituationen diskutiert.
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Competitive Bidding

Journal of the Operational Research Society, 1974
F. J. Curtis, P. W. Maines
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