MULTIPLE CRITERIA DECISION MAKING MODELS FOR COMPETITIVE BIDDING

S. L. Liu, S. Y. Wang and K. K. Lai
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S. L. Liu: School of International Trade and Economics, University of International Business and Economics, Beijing 100029, China
S. Y. Wang: Department of Management Sciences, Natural Science Foundation of China, Beijing 100083, China
K. K. Lai: Department of Management Sciences, City University of Hong Kong, Hong Kong

Chapter 19 in New Frontiers of Decision Making for the Information Technology Era, 2000, pp 349-372 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe competitive bidding models for both an owner and a bidder based on multiple criteria are reviewed in this paper. The models include bid/no-bid models, bid markup selection models for bidders, and bid evaluation models for owners. Some of these models are presented mathematically.

Keywords: Multiple Criteria; Decision Making; Decision Support Systems; Tradeoff Analysis; System Engineering; Linear Programming (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (4)

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