DocumentCode
2981507
Title
Research on the bid of evaluating method of the lowest price based on the game theory
Author
Wei, Daosheng ; Kong, Zheng
Author_Institution
Sch. of Manage., Chongqing Jiaotong Univ., Chongqing, China
fYear
2012
fDate
22-24 June 2012
Firstpage
433
Lastpage
436
Abstract
At the view of bidder to consider what tender offer could be taken when the employer take evaluating of the lowest evaluated price method, and use game theory to build multiplayer model. According to the tender offer is the function of cost, and the distribution function of cost can satisfy with independent distribution, so the tender offer can be provided for the different distribution function of cost under the condition of the maximum profit and probability, and also concluded the empirical formula for the bid. At last, according to the model to deal with the factors what influence the tender offer.
Keywords
game theory; pricing; probability; profitability; distribution function; game theory; independent distribution; lowest evaluated price method; maximum profit; multiplayer model; probability; Companies; Game theory; distribution function; evaluating method of the lowest evaluated price; game theory; tender offer;
fLanguage
English
Publisher
ieee
Conference_Titel
Software Engineering and Service Science (ICSESS), 2012 IEEE 3rd International Conference on
Conference_Location
Beijing
Print_ISBN
978-1-4673-2007-8
Type
conf
DOI
10.1109/ICSESS.2012.6269497
Filename
6269497
Link To Document