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Final Bid Price Estimation for Negotiated Contracts: Bargaining Game Theory Approach

The wide use of the low bid method by employers for awarding construction contracts has created an aggressively competitive environment among contractors in the construction industry. As a result, a contractor may resort to use a low mark-up percentage for his bid to increase his chances of winning,...

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Main Author: El Mahallaoui, Amr
Format: Thesis
Published: AUC Knowledge Fountain 2022
Subjects:
Bidding
Negotiations
Game Theory
Bargaining Theory
Nash Equilibrium
Competitive Bidding
Low Bid
Python
Gambit
Monte Carlo Simulations
Construction Engineering and Management
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https://fount.aucegypt.edu/etds/1890
https://fount.aucegypt.edu/context/etds/article/2915/viewcontent/Amr_El_Mahallaoui___Thesis___Final.pdf
https://fount.aucegypt.edu/context/etds/article/2915/filename/0/type/additional/viewcontent/Amr___CENG.pdf
https://fount.aucegypt.edu/context/etds/article/2915/filename/1/type/additional/viewcontent/Originality_Report___Amr_El_Mahallaoui___Thesis.pdf

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