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Bid calculation for construction projects: Regulations and incentive effects of unit price contracts

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  • Missbauer, Hubert
  • Hauber, Wolfgang

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  • Missbauer, Hubert & Hauber, Wolfgang, 2006. "Bid calculation for construction projects: Regulations and incentive effects of unit price contracts," European Journal of Operational Research, Elsevier, vol. 171(3), pages 1005-1019, June.
    • Handle: RePEc:eee:ejores:v:171:y:2006:i:3:p:1005-1019
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    References listed on IDEAS

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    1. Susan Athey & Jonathan Levin, 2001. "Information and Competition in U.S. Forest Service Timber Auctions," Journal of Political Economy, University of Chicago Press, vol. 109(2), pages 375-417, April.
    2. Ewerhart, Christian & Fieseler, Karsten, 2003. "Procurement Auctions and Unit-Price Contracts," RAND Journal of Economics, The RAND Corporation, vol. 34(3), pages 569-581, Autumn.
    3. R. Preston McAfee & John McMillan, 1986. "Bidding for Contracts: A Principal-Agent Analysis," RAND Journal of Economics, The RAND Corporation, vol. 17(3), pages 326-338, Autumn.
    4. Teresa M. Pavia, 1995. "Profit Maximizing Cost Allocation for Firms Using Cost-Based Pricing," Management Science, INFORMS, vol. 41(6), pages 1060-1072, June.
    5. Rothkopf, Michael H & Teisberg, Thomas J & Kahn, Edward P, 1990. "Why Are Vickrey Auctions Rare?," Journal of Political Economy, University of Chicago Press, vol. 98(1), pages 94-109, February.
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    Cited by:

    1. Zeng, Nengmin & Wu, Guangdong & Zeng, Dongling & Liu, Ang & Ren, Tinghai & Liu, Bingsheng, 2023. "Optimal mechanism for project splitting with time cost and asymmetric information," International Journal of Production Economics, Elsevier, vol. 264(C).
    2. Ivona Ivić & Anita Cerić, 2023. "Risks Caused by Information Asymmetry in Construction Projects: A Systematic Literature Review," Sustainability, MDPI, vol. 15(13), pages 1-25, June.
    3. Sander Renes, 2011. "Balancing the Bids, Solutions for Unit Price Auctions," Tinbergen Institute Discussion Papers 11-047/1, Tinbergen Institute.
    4. Ivona Ivić & Anita Cerić, 2024. "Mitigation Measures for Information Asymmetry between Participants in Construction Projects: The Impact of Trust," Sustainability, MDPI, vol. 16(16), pages 1-27, August.

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