Public bidding is the international current practice to contract construction project. But the decision on the bidding often is made according to the qualitative evaluation based on the subjective opinion of specialis...Public bidding is the international current practice to contract construction project. But the decision on the bidding often is made according to the qualitative evaluation based on the subjective opinion of specialists. Therefore, the fuzzy mathematics principle was applied and a synthetic evaluation model was established to provide an effective method for the development of quantitative bidding decision in this paper.展开更多
To eliminate computational problems involved in evaluating multi-attribute bids with differentmeasures,this article first normalizes each individual component of a bid,and then makes use ofthe weighted product method ...To eliminate computational problems involved in evaluating multi-attribute bids with differentmeasures,this article first normalizes each individual component of a bid,and then makes use ofthe weighted product method to present a new scoring function that converts each bid into a score.Twokinds of multi-attribute auction models are introduced in terms of scoring rules and bidding objectivefunctions.Equilibrium bidding strategies,procurer's revenue comparisons and optimal auction designare characterized in these two models.Finally,this article discusses some improvement of robustnessof our models,with respect to the assumptions.展开更多
文摘Public bidding is the international current practice to contract construction project. But the decision on the bidding often is made according to the qualitative evaluation based on the subjective opinion of specialists. Therefore, the fuzzy mathematics principle was applied and a synthetic evaluation model was established to provide an effective method for the development of quantitative bidding decision in this paper.
基金supported by the Foundation for the Author of National Excellent Doctoral Dissertation of China under Grant No. 200159National Natural Science Foundation of China under Grant No. 70571014
文摘To eliminate computational problems involved in evaluating multi-attribute bids with differentmeasures,this article first normalizes each individual component of a bid,and then makes use ofthe weighted product method to present a new scoring function that converts each bid into a score.Twokinds of multi-attribute auction models are introduced in terms of scoring rules and bidding objectivefunctions.Equilibrium bidding strategies,procurer's revenue comparisons and optimal auction designare characterized in these two models.Finally,this article discusses some improvement of robustnessof our models,with respect to the assumptions.