Information Feedback and Learning in Construction Bidding

Information feedback condition in recurrent construction bidding is an important design variable about optimal procurement design. Contractors tend to optimize their bids in recurrent bidding with positive review of historic bids. Our experiment examines the effects of partial and no information fee...

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Bibliographic Details
Main Authors: Bee Lan Oo, Abdul-Rashid Abdul-Aziz, Yoke Mui Lim
Format: Article
Language:English
Published: UTS ePRESS 2011-09-01
Series:Construction Economics and Building
Subjects:
Online Access:https://learning-analytics.info/journals/index.php/AJCEB/article/view/2173