Methods for bidding under risk

Methods for bidding under risk

0.00 Avg rating0 Votes
Article ID: iaor20033035
Country: China
Volume: 11
Issue: 1
Start Page Number: 1
End Page Number: 10
Publication Date: Feb 2002
Journal: Operations Research and Management Science
Authors: , , ,
Keywords: neural networks, artificial intelligence: expert systems, analytic hierarchy process
Abstract:

This article discusses bidding under risk. We survey the main methods developed in the 1990s for supporting bidding for construction projects. They are mainly the Analytic Hierarchy Process method, the Artificial Neural Networks method, the Expert System method, and the Case-Based Reasoning method. We also review briefly the main progress in the research of bidding decision strategies in China.

Reviews

Required fields are marked *. Your email address will not be published.