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Bell, L C and McCullouch, B G (1988) Bar Code Applications in Construction. Journal of Construction Engineering and Management, 114(02), 263–78.

Hinze, J and Parker, R (1988) Productivity Study on Extruded Concrete Curbing Operations. Journal of Construction Engineering and Management, 114(02), 256–62.

Hinze, J and Raboud, P (1988) Safety on Large Building Construction Projects. Journal of Construction Engineering and Management, 114(02), 286–93.

Ioannou, P G (1988) Bidding Models—Symmetry and State of Information. Journal of Construction Engineering and Management, 114(02), 214–32.

  • Type: Journal Article
  • Keywords: Bids; Probability; Symmetry; Information management; Mathematical models;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(1988)114:2(214)
  • Abstract:
    Several competitive bidding models since the late 1960s have been founded, criticized, and even rejected, based on incorrectly stated arguments concerning the apparent symmetry of the competitive positions of the prospective bidders. The proliferation of these arguments has led to confusion about the validity of the proposed models. This paper: (1) Illustrates the correct use of symmetry in competitive bidding as a function of available information and control; (2) explains the differences among nonsymmetric states of information that lead to apparent symmetry in the case of only two competitors; (3) presents and explains the assumptions that lead to Friedman's general bidding model; (4) proves the probabilistic validity of Friedman's model by using correctly stated arguments of symmetry; and (5) provides the foundations for understanding the limitations of other models.

Kangari, R (1988) Business Failure in Construction Industry. Journal of Construction Engineering and Management, 114(02), 172–90.

Okpala, D C and Aniekwu, A N (1988) Causes of High Costs of Construction in Nigeria. Journal of Construction Engineering and Management, 114(02), 233–44.

Riggs, L S (1988) Educating Construction Managers. Journal of Construction Engineering and Management, 114(02), 279–85.

Sanvido, V E (1988) Conceptual Construction Process Model. Journal of Construction Engineering and Management, 114(02), 294–310.

Thomas, H R and Willenbrock, J H (1988) Managing Construction Research at Universities. Journal of Construction Engineering and Management, 114(02), 245–55.

Tucker, R L (1988) Perfection of the Buggy Whip. Journal of Construction Engineering and Management, 114(02), 157–71.

Whiteman, W E and Irvvig, H G (1988) Disturbance Scheduling Technique for Managing Renovation Work. Journal of Construction Engineering and Management, 114(02), 191–213.