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The Application Of Game Theory On Bidding &Quotation

Posted on:2006-03-31Degree:MasterType:Thesis
Country:ChinaCandidate:Y H JiaoFull Text:PDF
GTID:2179360182975740Subject:Industrial Engineering
Abstract/Summary:PDF Full Text Request
Along with the development of our market of construction and contract, the system ofBid Invitation & Bidding has grown up, as the result of them, the challenge among theconstruction corporation becomes more and more furious. Especially to the bidder, to win the bidsis more and more difficult, even if one bidder wined the bids, its profit room may be small.Just based on the reasons above, the quoted price is not only the key to win the bids, it's criticalfor the profit after winning the bids. Then, the quoted price of the bidder gets very important.Based the background above, firstly, this thesis discusses the status of thedevelopment of the system of Bid Invitation & Bidding in our country, then putforward the lack of the system. Secondly, researched the current work of BidInvitation & Bidding and found some problems in it, several pertinent suggest hasbeen presented. Thirdly, the application of game theory on Bidding &Quotation is thecore of this thesis. Using the method of game theory to study the bid strategy, thequotation model has been established. And, the application of this model has goodeffect in practice. Finally, to make the quotation model and the process ofdecision-making more practical and more exact, the technology of compute has beenbrought into the quotation model.
Keywords/Search Tags:the system of Bid Invitation & Bidding, Bid Invitation & Bidding, Bidding &Quotation, game theory, the bid strategy
PDF Full Text Request
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