Construction bidding and the winners curse
<p>In the construction industry, the winners curse occurs when the winning contractor has underestimated the projects true cost. Using a game and auction theory approach, this study aims to analyze - and potentially reduce - industry exposure to the effects of the winner's curse in constr...
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Format: | Others |
Language: | en |
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MSSTATE
2015
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Online Access: | http://sun.library.msstate.edu/ETD-db/theses/available/etd-03252015-173319/ |