Search
Now showing items 1-2 of 2
Bid Compensation Theory and Strategies for Projects with Heterogeneous Bidders: A Game Theoretic Analysis
Publisher: American Society of Civil Engineers
Abstract: Practitioners involved in large-scale, complex projects have long been searching for strategies that encourage bidders to invest more effort in project planning and schematic design during the bid preparation process. ...
Opportunism-Focused Transaction Cost Analysis of Public-Private Partnerships
Publisher: American Society of Civil Engineers
Abstract: While the higher efficiency due to better pooling of resources is greatly emphasized in public–private partnerships (PPPs), the embedded transaction inefficiencies are often understated or even ignored. Through the lens ...