The use of bid preference auctions, where one class of bidders is offered favored treatment over another class, has received mixed attention in the literature. Research has shown there is an economic benefit of such policies thanks to lower costs for procurement auction buyers as incentives are...

This article considers the selection of experimental designs for the estimation of second-order response surface metamodels in a simulation environment. Rather than construct designs based on the premise that the postulated model exactly represents the simulated response, as is the case in...