The Bidding Mechanism And Applied Research

Bidding is an effective method of transaction in market. Avow and equity is its feature. It is significant for bidding theory to be studied in theory.This paper applys the game theory and information economics to bidding. According to the frame of strategy and the information economics,this paper expounds the cost-plus contract based bidding and reduces the risk of convealing the action,incentives the bidder,raises the utility. This paper models bidding strategy based on the contract. Because of the incentive of the seller to the bid-house becoming complex,this paper analyses the incentive under the first-pirce bidding. In accordance with the development of net-bidding,this paper analyses and devises a bidding system based on electrical commerce.This paper founds a bidding strategy's frame based on the game theory. This paper combines the game theory and the principal-agent theory and expounds the cost-plus based on the bidding and the bidding based on the contract. Based on the similar object,this paper gives several models for similar objects. This paper is significant in the strategy and the game theory.