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Research On The Project Decision-making And Tender Offer Model

Posted on:2009-01-24Degree:MasterType:Thesis
Country:ChinaCandidate:X HeFull Text:PDF
GTID:2189360245952337Subject:Systems Engineering
Abstract/Summary:PDF Full Text Request
The auction with a long history, people had made the lots of exploration and research with the auction development in the 2000 years.With the formation of game theory and development provide a new road for auction study. In this paper, the core issue of bidding and auction "offer" a more systematic study. The first toke a more depth study and analysis about tender decision-making and risk condition; the second had a more comprehensive discussion of the current bidding model, and using game theory build game offer model about Non-bottom lowest price bid and compound base price auction on the old models, and using sequence analysis to formulate compound base price; then to make a more analysis about result of every model.This paper is based on in-depth analysis and study of the decision-making and tender on the basis of risk making something research. The first had analyzed old models, discussion the relevance of the game theory and bidding; the second base on the Non-bottom lowest price bid to study offer model on the game theory; In the paper, will not specific hypothetical of the distribution of costs circumstances to build and solving the "reunification" of the Price Model because of the prior to the relevant model of the tender offer people the distribution of costs subject to many assumptions. Then base on its model, in modern auction the bidders will consider the opponents cost of situation and will take the rival cost estimates into the offer model, in he order to make not only the successful bidder but also having higher profits. Thus bring information on the impact of tender results. Based on the results of in-depth analysis and contrast, shows that even in modern standard of the importance of information. Then its have researched compound bid base, the first its in-depth analysis and study offer price and had some formula by the sequence analysis; the second to build game bidding model on the game theory; the third, in game theory on the basis of the further use of the knowledge of probability theory and define the basic price of the successful bidders probability, could have a bidding ideas and the corresponding derivation and analysis of the compound basic price formula, which is based on the incomplete information and static game.This paper has comparison and analysis two tender mode besides of the building and solving of the offer model, and study the bidder skill and strategy. The model in this article not only in line with the actual situation, and a better explanation of some realities, but also reflected some possible existence of hidden dangers in the bidding, so it could provide some reference and guidance to tender and bidder in the actual bidding activities.
Keywords/Search Tags:Bidding, Risk, Base Price, tender offer, game theory, offer model
PDF Full Text Request
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