Study On The Game Theory In Reasonable Bidding Price Decision-Making Of The Tenderee

With the expansion of the scale and quantity of construction projects in China,the bidding market system is more and more perfect,but there is a conflict between the interests of both parties.In order to increase the profit,the bidder shall,as far as possible,seek to win the bid.For the purpose of controlling the investment,the lowest bid is the best possible choice of the tenderee.Also,in order to win the bid,the bidder must make the bid price lower than the opponent's.Game theory is the theory of how to make effective decisions and realize the equilibrium problems of decision making under the influence of multiple decision makers.Different from other theories,the theory of game theory emphasizes the mutual dependence of the strategy.It is also that every decision maker should consider all kinds of possible strategic choices,and determine the strategy to achieve the best.The so-called equilibrium is the optimal strategy combination of all game players.The result of each game player's decision is a balanced result.This result may not be the result of the maximum of the parties or the whole of the game,but it is an inevitable result in the current specific background.If either party changes its policies and thus causes a balanced production change,it may make it worse.This article is based on game theory and the basic theory of bidding,try to analyze the different decisions of the tenderee and the bidder on the perspective of development organization during the bidding process.Establish the model and solve it.Discussion on the impact of risk factors on bidding decision making.Through the empirical analysis the suggestions for the development organization bidding strategy.Mechanism for the successful design of a reasonable price.Study on the effect of bidding mechanism on the results of the tender.And how to achieve the goal of the development organization to protect their own interests to achieve the reasonable control of the construction cost.