Game Analysis on Collusion Tender in the Construction Projects Bidding

Hai Bing Shi; Xue Wu Li; Hao Jia Xu

doi:10.4028/www.scientific.net/AMM.357-360.2414

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 357-360Game Analysis on Collusion Tender in the...

Game Analysis on Collusion Tender in the Construction Projects Bidding

Abstract:

Causes and main forms of collusion tender in the bidding of construction projects were analyzed. In accordance mainly with the characteristics of the collusion tender, one-off game and repeated game analysis models were established respectively on the two common forms of complementary bid and bid rotation between bidders. They were analyzed with the relevant principles of the game theory. Based on the results of analysis, strategy and measures to collusion tender were proposed from the perspective of the bid inviting party.

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Periodical:

Applied Mechanics and Materials (Volumes 357-360)

Pages:

2414-2419

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.357-360.2414

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Online since:

August 2013

Authors:

Hai Bing Shi, Xue Wu Li, Hao Jia Xu

Keywords:

Bidding, Collusion Tender, Constriction Project, Game

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