International Conference on Construction and Real Estate Management 2016
Exploration of an Institutional Bid Evaluation System Based on the Evolutionary Game Theory
Publication: ICCREM 2016: BIM Application and Off-Site Construction
ABSTRACT
As the core part of bid, bid evaluation plays a decisive role in bid activity. Aiming at the problems in bid evaluation area, this paper analyzes the relevant problems and set up the institutional bid evaluation system. Then, evolutionary game approach is applied in the analysis. So, it has to set up an evolutionary game model to imitate the game activities. Some factors that influence the stability of the behavior evolution of both sides were found. The factors which most deeply influence evaluation experts’ behavior were selected out as parameters. Based on MATLAB GUI interface, numerical simulations were performed to show the influence of parameters on the bid evaluation experts’ behavior evolution. The results show the influence of two different evaluation methods on the behavior evolution of bid evaluation experts, and the establishment of institutional bid evaluation system does benefit to the quality of bid evaluation and improve the efficiency of bid activities.
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REFERENCE
Guo, W.G. (2013). “How to play the role of the bid assessment committee”. Petroleum and Petrochemical Materials Procurement, (12), 78–79. (in Chinese).
Li, N. (2011). “Analysis of the existing problems and solutions of the experts and the expert database of the bid evaluation experts”. Eleventh provinces and cities in the seven session of the construction market and bidding joint meeting, Henan, China, 506–508. (in Chinese).
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Information & Authors
Information
Published In
ICCREM 2016: BIM Application and Off-Site Construction
Pages: 1472 - 1480
Editors: Yaowu Wang, Ph.D., Professor, Harbin Institute of Technology, Mohamed Al-Hussein, Ph.D., Professor, University of Alberta, Geoffrey Q. P. Shen, Ph.D., Professor, The Hong Kong Polytechnic University, and Yimin Zhu, Ph.D., Professor, Louisiana State University
ISBN (Online): 978-0-7844-8027-4
Copyright
© 2017 American Society of Civil Engineers.
History
Published online: Aug 14, 2017
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