KMS Of Academy of mathematics and systems sciences, CAS
| The simple economics of bid criteria | |
Wang, Mingxi1,2; Liu, Shulin1; Wang, Shouyang2
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| 2011 | |
| 发表期刊 | APPLIED ECONOMICS LETTERS
 |
| ISSN | 1350-4851 |
| 卷号 | 18期号:6页码:591-594 |
| 摘要 | Bid criteria are of prime importance to bidders because they are the basis for the bidders to select bid price or bid mark-up. This article presents the alternative expressions of the bid criteria of the conditional negative and positive profit ratios proposed by Seydel and Olson (1990) and Lai et al. (2002), respectively, and interprets them in the traditional demand and supply theory. It is found that there is a 'frontier' bid mark-up if the bidders adopt the conditional profit ratio as their sole bid criterion. |
| DOI | 10.1080/13504851003761731 |
| 语种 | 英语 |
| WOS研究方向 | Business & Economics |
| WOS类目 | Economics |
| WOS记录号 | WOS:000289146600017 |
| 出版者 | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD |
| 引用统计 | |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://ir.amss.ac.cn/handle/2S8OKBNM/12875 |
| 专题 | 系统科学研究所 |
| 通讯作者 | Liu, Shulin |
| 作者单位 | 1.Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R China 2.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100190, Peoples R China |
| 推荐引用方式 GB/T 7714 | Wang, Mingxi,Liu, Shulin,Wang, Shouyang. The simple economics of bid criteria[J]. APPLIED ECONOMICS LETTERS,2011,18(6):591-594. |
| APA | Wang, Mingxi,Liu, Shulin,&Wang, Shouyang.(2011).The simple economics of bid criteria.APPLIED ECONOMICS LETTERS,18(6),591-594. |
| MLA | Wang, Mingxi,et al."The simple economics of bid criteria".APPLIED ECONOMICS LETTERS 18.6(2011):591-594. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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