Competitive Bidding: A Multi-criteria Approach to Assess the Probability of Winning
نویسندگان
چکیده
The paper describes a simulation approach based on Saaty’s Analytic Hierarchy Process (AHP) to assess the probability of winning in sealed auctions where competing bids are assessed on a multiple criteria basis. It deals with the uncertainty associated with subjective and multiple assessments. Deuxième Congrès International Franco-Québécois de Génie Industriel ALBI 1997
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