Title : 
The game study of engineering bidding mode and incentive mechanism
         
        
            Author : 
Rongjie Zhu ; Ying Peng ; Yang Sun ; Jianjun Gu
         
        
            Author_Institution : 
Coll. of Archit. & Environ., Sichuan Univ., Chengdu, China
         
        
        
        
        
        
        
            Abstract : 
The paper introduces the game theory briefly, reveals that the bidding game belongs to non-cooperative game and incomplete information static game, and uses the game theory to research the best bidding way of the tenderee in the lowest bidding mechanism, analysis through setting up a game model to get: the bidders may choose to fraud, the tenderee must design a incentive mechanism. The paper puts forward effective measures that the tenderee should take to realize the maximum expected utility, and establishes scientific bidding incentive mechanism.
         
        
            Keywords : 
civil engineering; game theory; incentive schemes; construction field; engineering bidding mode; incomplete information static game; lowest bidding mechanism; maximum expected utility; noncooperative game; scientific bidding incentive mechanism; Bidding; Game theory; Incentive mechanism;
         
        
        
        
            Conference_Titel : 
Information Management, Innovation Management and Industrial Engineering (ICIII), 2012 International Conference on
         
        
            Conference_Location : 
Sanya
         
        
            Print_ISBN : 
978-1-4673-1932-4
         
        
        
            DOI : 
10.1109/ICIII.2012.6340001