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Behavior Analysis of Together-Conspired Bidding Based on the Evolutionary Game

Author(s):
Medium: conference paper
Language(s): English
Conference: 2012 International Conference on Civil, Architectural and Hydraulic Engineering (ICCAHE 2012), August 10-12th 2012, Zhangjiajie (China)
Published in:
Page(s): 1513-1516
DOI: 10.4028/www.scientific.net/AMM.209-211.1513
Abstract:

Based on the “replication dynamics” ideas, the paper establishes asymmetric evolutionary game model of together-conspired bidding using evolutionary game theory, and obtains its evolutionary stable strategy under the present governmental supervision that surround-bidder and accompanying-bidder’s proportion is periodic fluctuation of the center stability, explains the reason why together-conspired bidding is difficult to be prevented effectively. In order to find the decisive factor of the evolutionary drift, further investigation shows that the evolutionary drift is converged to the different evolutionary stable properties when evolution conditions change, such as the supervision target, supervision strength. Through the analysis to the punishment extent on surround-bidder and accompanying-bidder, the conclusion is arrived that the strength of punishment and execution on the surround-bidder can effectively control together-conspired bidding, which provides the theoretical basis to governmental supervision department for the management and research work on together-conspired bidding in the construction market.

Structurae cannot make the full text of this publication available at this time. The full text can be accessed through the publisher via the DOI: 10.4028/www.scientific.net/AMM.209-211.1513.
  • About this
    data sheet
  • Reference-ID
    10327269
  • Published on:
    24/07/2019
  • Last updated on:
    24/07/2019
 
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