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A method for analysing the competitiveness of a consultant's two-envelope fee tendering history is proposed and … aggregated for determining overall competitiveness. In analysing bidding performance it was found that this consultant's fee … consultant. Fees and quality score are then expressed as separate competitiveness ratios relative to these maximums and …
Persistent link: https://www.econbiz.de/10009277911
A great body of knowledge exists on the theory of auctions and competitive bidding that is of potential relevance to … construction contract tendering. Most of this, however, contains assumptions – such as perfect information – that are unlikely to … assumptions in the construction tendering context. In particular, the effects of additive and multiplicative (scalar) mark-ups in …
Persistent link: https://www.econbiz.de/10009437646
Persistent link: https://www.econbiz.de/10011966017
A great body of knowledge exists on the theory of auctions and competitive bidding that is of potential relevance to … construction contract tendering. Most of this, however, contains assumptions—such as perfect information—that are unlikely to be … assumptions to align more closely with the construction tendering situation. In particular, the effects of additive and …
Persistent link: https://www.econbiz.de/10005482608
competitive bidding. The experimental data of later rounds support our theoretical finding that experienced price leaders with …
Persistent link: https://www.econbiz.de/10010323890
bidding. According to the experimental data at least experienced price leaders with lower marginal costs choose higher prices …. In the bidding treatment, compensation payments to the price leader crowd in efficiency concerns. …
Persistent link: https://www.econbiz.de/10010330372
This contribution analyzes 132 factors on their potential to discriminate countries bidding for hosting the Olympic … Games from non-bidding countries. Our binary, clustered model using generalized estimating equations (GEE) shows that …
Persistent link: https://www.econbiz.de/10011585224
Sellers in eBay auctions have the opportunity to choose both a public minimum bid amount and a secret reserve price. We ask, empirically, whether the seller is made better or worse off by setting a secret reserve above a low minimum bid, versus the option of making the reserve public by using it...
Persistent link: https://www.econbiz.de/10014587451
Unbalanced bidding models have largely ignored the risk aspect of item pricing. Many researchers have acknowledged that … related research has proposed an unbalanced bidding model that has likewise provided a measurement of the expected reward …
Persistent link: https://www.econbiz.de/10009441808
market both for oilseeds and tendering. Because of the unbalanced nature of the panel data, we are able to evaluate the …
Persistent link: https://www.econbiz.de/10009443965