02_Paperiso_scorecurves.pdf (649.02 kB)
The iso-Score Curve Graph. A new tool for competitive bidding
journal contribution
posted on 2018-05-01, 11:34 authored by Pablo Ballesteros-Perez, M. Carmen Gonzalez-Cruz, J.P. Pastor-Ferrando, Marta Fernandez-DiegoThe present work describes a new tool that helps bidders improve their competitive bidding strategies. This new tool consists of an easy-to-use graphical tool that allows the use of more complex decision analysis tools in the field of Competitive Bidding. The graphic tool described here tries to move away from previous bidding models which attempt to describe the result of an auction or a tender process by means of studying each possible bidder with probability density functions. As an illustration, the tool is applied to three prac tical cases. Theoretical and practical conclusions on the great potential breadth of application of the tool are also presented. © 2011 Elsevier B.V. All rights reserved.
History
School
- Architecture, Building and Civil Engineering
Published in
Automation in ConstructionVolume
22Pages
481 - 490Citation
BALLESTEROS-PEREZ, P. ...et al., 2012. The iso-Score Curve Graph. A new tool for competitive bidding. Automation in Construction, 22, pp. 481-490.Publisher
© ElsevierVersion
- AM (Accepted Manuscript)
Publisher statement
This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/Publication date
2012Notes
This paper was accepted for publication in the journal Automation in Construction and the definitive published version is available at https://doi.org/10.1016/j.autcon.2011.11.007ISSN
0926-5805Publisher version
Language
- en