On the distribution of bids for construction contract auctions

© 2016 Informa UK Limited, trading as Taylor & Francis Group. The statistical distribution representing bid values constitutes an essential part of many auction models and has involved a wide range of assumptions, including the Uniform, Normal, Lognormal and Weibull densities. From a modelling p...

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Bibliographic Details
Main Authors: Pablo Ballesteros-Perez, Martin Skitmore
Format: Default Article
Published: 2016
Subjects:
Other built environment and design not elsewhere classified
Other economics not elsewhere classified
Modelling
Forecasting
Bidding
Tendering
Probability distribution
Frechet
Log-Normal
Built Environment and Design not elsewhere classified
Economics
Online Access:https://hdl.handle.net/2134/32745
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