Game Analysis of Price-fixing Bidding and Besieging Bidding
Yingying Zeng
Abstract
Yingying Zeng
Abstract
Now besieging bidding becomes common increasingly,so the measures to restrict besieging bidding activities haven been taken into the owner's account. Recently the Price-fixing Bidding,as a new arisen bidding way to restrict besieging bidding activities and to protect the profits of owners and nation,is attracting the attention from several owners and local governments.This paper analyzes the Price-fixing Bidding's influence on besieging bidding based on game theory and economic analytical methods.Then it is proved that the Price-fixing Bidding can restrict besieging bidding activities efficiently.
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Now besieging bidding becomes common increasingly,so the measures to restrict besieging bidding activities haven been taken into the owner's account. Recently the Price-fixing Bidding,as a new arisen bidding way to restrict besieging bidding activities and to protect the profits of owners and nation,is attracting the attention from several owners and local governments.This paper analyzes the Price-fixing Bidding's influence on besieging bidding based on game theory and economic analytical methods.Then it is proved that the Price-fixing Bidding can restrict besieging bidding activities efficiently.
Key concepts: Bidding, Ebidding, Real-time bidding, Microeconomics, Construction bidding, Business, Safe haven, Price fixing