The Research on Asymmetric Information Measurement in Engineering Bidding Market Based on D-S Theory

Abstract:

Engineering bidding transaction market exists extensively asymmetric information. According to the information economics point of view, information asymmetric extremely easily leads to the moral hazard and adverse selection, which will cause project value can't get a real reveal in engineering bidding. Therefore, the project bidding on the trade market for the asymmetric information research has strong theoretical value and practical significance. this paper tries to use the method of evidence theory to have a certain extent measure in engineering bidding market of asymmetric information, in order to enrich the content of the bidding market research field, and provide a decision-making reference for relevant departments.

• Periodical: Applied Mechanics and Materials (Volumes 256-259)
• Pages: 3024-3027
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.256-259.3024
• Online since: December 2012
• Authors: Zu Xu Zou, Yan Bing Deng
• Keywords: Asymmetric Information, D-S Theory, Engineering Bidding Market, Measurement

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