IDEAS home Printed from https://ideas.repec.org/a/hin/jnlmpe/9999292.html
   My bibliography  Save this article

Research on Bidding Game and Its Application Based on Copetition Scenario

Author

Listed:
  • Yanyong Sun

Abstract

Bidding decision is not only a science, an art, but also a game. The more intense the competition, the more important the game. In practice, there is the possibility of collaboration between bidders and even hidden competing behaviors such as bidding rigging. In this study, the optimized low-price bid winning method was discussed, and the characteristics and application of the bidding game under the copetition scenarios were studied. The results show the following: (1) Under the copetition scenario, the rational bidding behavior of bidders will deviate according to the different information advantages, and there is a game of making bidding strategy decisions according to the competitive scenario. (2) There is a close functional relationship between the winning bid result and the evaluation elimination factor, the number of bidders, and the number of bidders who operate bidding rigging. (3) Based on the quotation strategy matrix modeling, it enables the quantitative decision making bid amount, offer score, and deviation risk. This study enriches the theory of quota decision in copetition scenarios and is enlightening for similar business behavior game decisions.

Suggested Citation

  • Yanyong Sun, 2021. "Research on Bidding Game and Its Application Based on Copetition Scenario," Mathematical Problems in Engineering, Hindawi, vol. 2021, pages 1-12, July.
  • Handle: RePEc:hin:jnlmpe:9999292
    DOI: 10.1155/2021/9999292
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/MPE/2021/9999292.pdf
    Download Restriction: no

    File URL: http://downloads.hindawi.com/journals/MPE/2021/9999292.xml
    Download Restriction: no

    File URL: https://libkey.io/10.1155/2021/9999292?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:jnlmpe:9999292. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.