Analysis of the distribution of the number of bidders in construction contract auctions

© 2015 Taylor & Francis. The number of bidders, N, involved in a construction procurement auction is known to have an important effect on the value of the lowest bid and the mark-up applied by bidders. In practice, for example, it is important for a bidder to have a good estimate of N when biddi...

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Bibliographic Details
Main Authors: Pablo Ballesteros-Perez, M. Carmen Gonzalez-Cruz, Jose Luis Fuentes-Bargues, Martin Skitmore
Format: Default Article
Published: 2015
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Online Access:https://hdl.handle.net/2134/32764
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