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Showing 1 to 3 of 3 for “"bidding model"”.
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Modeling household residential choice using multiple imputation
… housing market. Current integrated urban systems models provide few insights into the capability of random bidding models in simulating household residential choice behavior; rarely have random bidding models been applied in a micro-simulation context, due to insufficient data. Therefore, the main …
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A Methodology for Estimating the Level of Aggressiveness in Competitive Bidding Markets
Competitive bidding, where the project is awarded to the lowest bidder, is a basic part of the construction industry. This method of project delivery is designed to promote healthy competition in an attempt ensure the lowest price for the project. A contractor knows that lowering a bid price …
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Representing accessibility in long-term household decisions evidence from vehicle ownership and residential location-related choice models
… we estimate household vehicle ownership models and real estate market price models with different measures of accessibility. Better performing accessibility measures are better representations of accessibility - at least for the purposes of explaining the modelled behaviour. We compare …