Toward a study of bidding processes, part III: Some special models
James H. Griesmer,
Martin Shubik and
Thomas J. Watson
Naval Research Logistics Quarterly, 1963, vol. 10, issue 1, 199-217
Abstract:
This is the third paper in a series on the theory of bidding. It investigates the effect of the costs of preparing a bid and penalties for refusing to accept awards. Several other special models of bidding procedures are presented, together with their interpretations.
Date: 1963
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https://doi.org/10.1002/nav.3800100117
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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:10:y:1963:i:1:p:199-217
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