Construction Project Bidding Research Based on Game Theory and Target Cost Pre-control Management

  • Xu N
  • Xu Q
  • Li Q
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Abstract

Construction project bidding behavior is affected by the value of the interests of the game participants. Information openness and resource selection directly affects the results of the bidding construction projects. From the perspective of the target pre-control costs, bidding management system to be established under the target cost. This will form a construction project bidding management model under the target cost pre-control based on Game Theory. Game Theory and the target cost control are applied to the pre-bidding decisions, which will make bidding more proactive. Bidding conclusion will be more reasonable.

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Xu, N., Xu, Q., & Li, Q. (2017). Construction Project Bidding Research Based on Game Theory and Target Cost Pre-control Management. In Proceedings of the 20th International Symposium on Advancement of Construction Management and Real Estate (pp. 875–882). Springer Singapore. https://doi.org/10.1007/978-981-10-0855-9_77

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