Spying on the cost structure of naive bidding competitors via linear programming models |
| |
Authors: | Marvin D Troutt |
| |
Affiliation: | Department of Management, Southern Illinois University, Carbondale, IL 62901, USA |
| |
Abstract: | A linear programming model is constructed which enables a firm to estimate its competitor's cost structure when the competitor adheres to a non-randomized strategy. The existence of the model makes randomized bidding prudent apart from game theory considerations. The need for increased curriculum attention to optimal bidding is highlighted. |
| |
Keywords: | contract bidding linear programming indirect cost estimation |
本文献已被 ScienceDirect 等数据库收录! |