Strategic design under uncertain evaluations: structural analysis of design-build auctions
نویسندگان
چکیده
منابع مشابه
Strategic Design under Uncertain Evaluations: Theory and Evidence from Design-Build Auctions
This paper investigates firms’ competition over price and product design in the context of DesignBuild (DB) procurement auctions. In a DB auction, bidders submit both a price and a design proposal for a public infrastructure project. Each reviewer for the auctioneer (the government) independently evaluates and assigns a score to every design bid. The bidder with the lowest price per design scor...
متن کاملComparative analysis of design/build and design/bid/build project delivery systems in Lebanon
Design/bid/build and design/build are two principal project delivery systems used worldwide. The performance of each project may differ with the type of procurement system used. This study has two aims: firstly, to assess and compare the performance of design/bid/build and design/build projects in Lebanon; secondly, to compare the results with the performance of equivalent systems in the Far Ea...
متن کاملDeveloping a cross-docking network design model under uncertain environment
Cross-docking is a logistic concept, which plays an important role in supply chain management by decreasing inventory holding, order packing, transportation costs and delivery time. Paying attention to these concerns, and importance of the congestion in cross docks, we present a mixed-integer model to optimize the location and design of cross docks at the same time to minimize the total transpo...
متن کاملStrategic Analysis of Auctions
In many markets, transaction prices are determined in auctions. In the most common form, prospective buyers compete by submitting bids to a seller. Each bid is an offer to buy that states a quantity and a maximum price. The seller then allocates the available supply among those offering the highest prices exceeding the seller’s asking price. The actual price paid by a successful bidder depends ...
متن کاملDistribution network design under uncertain demand
This paper is focused on the optimised design of a distribution network taking into account the variability of the final customer demand. In particular we study the design of a one-to-many distribution system, considering the product flows from the hub to the different transit points, as well as the reverse flows. The optimization procedure consists of two main steps: the first step is the dete...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The RAND Journal of Economics
سال: 2018
ISSN: 0741-6261
DOI: 10.1111/1756-2171.12246