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 :
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