Research on Bidding Game and Its Application Based on Copetition Scenario

Yanyong Sun

Mathematical Problems in Engineering, 2021, vol. 2021, 1-12

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.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:9999292

DOI: 10.1155/2021/9999292

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