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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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