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Amirreza Rashidi, Jolanta Tamo?aitiene, Mehdi Ravanshadnia and Hadi Sarvari
Bidding is the process in which a contractor submits a tender to the owner of a construction project to undertake its execution. This enables companies to properly employ required contractors. This paper investigates the trends of research conducted on c...
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Masiala Mavungu,Evan Hurwitz,Tshilidzi Marwala
AbstractOrientation: This article is related to Finances and Optimisation. The auctioneer designs every auction mechanism such that utility is maximised and cost is minimised.Research purpose: This article proposes an optimal auction mechanism through wh...
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Krishna Mochtar
Pág. pp. 85 - 93
Issues related to pricing strategy in the Indonesian construction industry are covered%2C including problems of current pricing strategy in construction%2C exploration of pricing strategies with a market-based approach%2C and survey findings of the top I...
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Harry Patmadjaja
Pág. pp. 1 - 7
This research is a study on certain bidding strategy models, based on the maximum expected profit, as often used in developed countries. The models chosen for this research are: the Friedman model, the Gates model and the Ackoff & Sasieni model. Probabil...
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