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Please use this identifier to cite or link to this item: https://dspace.lboro.ac.uk/2134/32781

Title: The iso-Score Curve Graph. A new tool for competitive bidding
Authors: Ballesteros-Perez, Pablo
Gonzalez-Cruz, M. Carmen
Pastor-Ferrando, J.P.
Fernandez-Diego, Marta
Keywords: Bid
Tender
Auction
Construction
Score
Graph
Issue Date: 2012
Publisher: © Elsevier
Citation: BALLESTEROS-PEREZ, P. ...et al., 2012. The iso-Score Curve Graph. A new tool for competitive bidding. Automation in Construction, 22, pp. 481-490.
Abstract: The 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.
Description: 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.2011.11.007
Version: Accepted for publication
DOI: 10.1016/j.autcon.2011.11.007
URI: https://dspace.lboro.ac.uk/2134/32781
Publisher Link: https://doi.org/10.1016/j.autcon.2011.11.007
ISSN: 0926-5805
Appears in Collections:Published Articles (Architecture, Building and Civil Engineering)

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