101. Research on Bidding Quotation Game of International Project.
- Author
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Tao Lin and Xin Xu
- Subjects
BIDDING strategies ,ECONOMIC competition ,BIDS ,LETTING of contracts ,PROJECT management - Abstract
Bidding competition of international projects is more and more fierce currently. However, China started late relatively in the field, it is still lack of experience in the aspect of participation in bidding of international projects, and more effective bidding quotation system is not formed till present. Therefore, China can not win through systemic bidding quotation methods compared with many powerful bidding enterprises in the international field. Research on the field is also focused by many aspects as a result. It is urgent to solve related problems. Game theory is combined for analyzing the effectiveness and operability of bidding quotation models mainly based on current situation of bidding market in China international projects during research process in the paper. The research starts with the perspective of bidders for analyzing their game with tenderers and other bidders. The results have operational value aiming at bidders. [ABSTRACT FROM AUTHOR]
- Published
- 2017
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