Solving the Negative Earnings Dilemma of Multistage Bidding in Public Construction and Infrastructure Projects: A Game Theory

Solving the Negative Earnings Dilemma of Multistage Bidding in Public Construction and Infrastructure Projects: A Game Theory–Based Approach

Published:2022-03 Issue:2 Volume:38 Page:
ISSN:0742-597X
Container-title:Journal of Management in Engineering
language:en
Short-container-title:J. Manage. Eng.

Author:

Ahmed Muaz O.¹,El-adaway Islam H.²^ORCID,Coatney Kalyn T.³

Affiliation:

1. Ph.D. Candidate, Dept. of Civil, Architectural, and Environmental Engineering, Missouri Univ. of Science and Technology, 326 Butler-Carlton Hall,1401 N. Pine St., Rolla, MO 65401.

2. Hurst-McCarthy Professor of Construction Engineering and Management, Professor of Civil Engineering, and Founding Director of Missouri Consortium of Construction Innovation, Dept. of Civil, Architectural, and Environmental Engineering/Dept. of Engineering Management and Systems Engineering, Missouri Univ. of Science and Technology, 228 Butler-Carlton Hall, 1401 N. Pine St., Rolla, MO 65401 (corresponding author). ORCID: .

3. Associate Professor, Dept. of Agricultural Economics, Mississippi State Univ., 365 Lloyd-Ricks-Watson Bldg., East Wing, Box 5187, Mississippi State, MS 39762.

Publisher

American Society of Civil Engineers (ASCE)

Subject

Management Science and Operations Research,Strategy and Management,General Engineering,Industrial relations

Link

http://ascelibrary.org/doi/pdf/10.1061/%28ASCE%29ME.1943-5479.0000997

Reference65 articles.

1. Construction Bidding Markup Estimation Using a Multistage Decision Theory Approach

2. Developing a Bidding Game Using High Level Architecture

3. Probabilistic Simulation Studies for Repetitive Construction Processes

4. Ahmed M. O. 2015. “Construction bidding and the winner’s curse.” Master’s thesis Dept. of Civil and Environmental Engineering Mississippi State Univ.

5. Ahmed M. O. I. H. El-adaway K. T. Coatney and M. S. Eid. 2015. “Multi-stage bidding for construction contracts: A game theory approach.” In Proc. 5th Int./11th Construction Specialty Conf. Montréal: Canadian Society for Civil Engineering.

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