Abstract
The analysis of the core content of Vickrey theory shows that the Vickery theory can effectively solve the problem of commodity auction under information asymmetry. After applying Vickery theory in construction bidding, “the second price bid evaluation method” is promoted. Defined the price of bidder A is “B”, the real price of project is “Z”, three strategies of bidder under “the second price bid evaluation method” is discussed: ① B>Z；② B
Publication Date
8-28-2016
First Page
233
Last Page
236
DOI
10.13652/j.issn.1003-5788.2016.08.056
Recommended Citation
Xiaorong, CHEN
(2016)
"Pricing mechanism of food company project based on Vickery theory,"
Food and Machinery: Vol. 32:
Iss.
8, Article 56.
DOI: 10.13652/j.issn.1003-5788.2016.08.056
Available at:
https://www.ifoodmm.cn/journal/vol32/iss8/56
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