Perspective on Game Theory
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The research uses a mathematical method to aims to: (1) investigate the characteristics of bid compensation, (2) analyze the effectiveness of bid compensation in helping develop appropriate strategies from an owner’s perspective for projects where the bid preparation costs are high, (3) add to the existing literature on tender management.
13p vifilm 24-09-2024 4 1 Download
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We’ve modeled 2 ends of the market structure: Competitive market and monopoly. Now we look at cases in between ( N = small ). Oligopoly is market or industry dominated by a small number of firms, whose decisions (price, output, marketing) are interdependent. In chapter 5, we will discuss this problem.
38p kiepnaybinhyen_04 24-12-2015 67 5 Download