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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
UTS ePRESS
2011-09-01
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Series: | Construction Economics and Building |
Subjects: | |
Online Access: | https://learning-analytics.info/journals/index.php/AJCEB/article/view/2173 |