Detecting Abnormal and Collusive Bids in Capped Tendering

Recent developments in the area of Bid Tender Forecasting have enabled bidders to implement new types of easy-to-use tools for increasing their chances of winning contracts. Although these new tools (such as iso-Score Curve Graphs, Scoring Probability Graphs, and Position Probability Graphs) are des...

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Detalles Bibliográficos
Autores: Ballesteros-Pérez, Pablo|||0000-0002-4629-9664, González-Cruz, María Carmen, Cañavate Grimal, Antonio, Pellicer, Eugenio
Tipo de recurso: artículo
Fecha de publicación:2013
País:España
Institución:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglés
OAI Identifier:oai:riunet.upv.es:10251/43290
Acceso en línea:https://riunet.upv.es/handle/10251/43290
Access Level:acceso abierto
Palabra clave:Tender
Auction
Collusion
Abnormal bid
Phony bid
Bid-covering
PROYECTOS DE INGENIERIA
INGENIERIA DEL TERRENO
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spelling Detecting Abnormal and Collusive Bids in Capped TenderingBallesteros-Pérez, Pablo|||0000-0002-4629-9664González-Cruz, María CarmenCañavate Grimal, AntonioPellicer, EugenioTenderAuctionCollusionAbnormal bidPhony bidBid-coveringPROYECTOS DE INGENIERIAINGENIERIA DEL TERRENORecent developments in the area of Bid Tender Forecasting have enabled bidders to implement new types of easy-to-use tools for increasing their chances of winning contracts. Although these new tools (such as iso-Score Curve Graphs, Scoring Probability Graphs, and Position Probability Graphs) are designed for bidders in capped tendering (tenders with an upper price limit), some of their principles can also be applied by a Contracting Authority to detect which bidders do not follow a standard pattern, that is, their bids are extremely high or low. Since a collusive bid generally needs to be sufficiently high or low to make an impact on the bid distribution, any person in charge of supervising capped tenders can be alerted to any bidder that might be involved in a cartel after identifying the same abnormal behavior in a series of tenders through simple calculations and a new type of graph.The translation of this paper was funded by the Universitat Politecnica de Valencia.ElsevierDepartamento de Proyectos de IngenieríaEscuela Técnica Superior de Ingeniería IndustrialCentro de Investigación en Dirección de Proyectos, Innovación y Sostenibilidad (PRINS)Universitat Politècnica de ValènciaRepositorio Institucional de la Universitat Politècnica de València Riunet20132013-05-01journal articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfapplication/pdfhttps://riunet.upv.es/handle/10251/43290reponame:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valénciainstname:Universitat Politècnica de València (UPV)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Reserva de todos los derechoshttp://rightsstatements.org/vocab/InC/1.0/info:eu-repo/semantics/openAccessoai:riunet.upv.es:10251/432902026-06-13T07:49:27Z
dc.title.none.fl_str_mv Detecting Abnormal and Collusive Bids in Capped Tendering
title Detecting Abnormal and Collusive Bids in Capped Tendering
spellingShingle Detecting Abnormal and Collusive Bids in Capped Tendering
Ballesteros-Pérez, Pablo|||0000-0002-4629-9664
Tender
Auction
Collusion
Abnormal bid
Phony bid
Bid-covering
PROYECTOS DE INGENIERIA
INGENIERIA DEL TERRENO
title_short Detecting Abnormal and Collusive Bids in Capped Tendering
title_full Detecting Abnormal and Collusive Bids in Capped Tendering
title_fullStr Detecting Abnormal and Collusive Bids in Capped Tendering
title_full_unstemmed Detecting Abnormal and Collusive Bids in Capped Tendering
title_sort Detecting Abnormal and Collusive Bids in Capped Tendering
dc.creator.none.fl_str_mv Ballesteros-Pérez, Pablo|||0000-0002-4629-9664
González-Cruz, María Carmen
Cañavate Grimal, Antonio
Pellicer, Eugenio
author Ballesteros-Pérez, Pablo|||0000-0002-4629-9664
author_facet Ballesteros-Pérez, Pablo|||0000-0002-4629-9664
González-Cruz, María Carmen
Cañavate Grimal, Antonio
Pellicer, Eugenio
author_role author
author2 González-Cruz, María Carmen
Cañavate Grimal, Antonio
Pellicer, Eugenio
author2_role author
author
author
dc.contributor.none.fl_str_mv Departamento de Proyectos de Ingeniería
Escuela Técnica Superior de Ingeniería Industrial
Centro de Investigación en Dirección de Proyectos, Innovación y Sostenibilidad (PRINS)
Universitat Politècnica de València
Repositorio Institucional de la Universitat Politècnica de València Riunet
dc.subject.none.fl_str_mv Tender
Auction
Collusion
Abnormal bid
Phony bid
Bid-covering
PROYECTOS DE INGENIERIA
INGENIERIA DEL TERRENO
topic Tender
Auction
Collusion
Abnormal bid
Phony bid
Bid-covering
PROYECTOS DE INGENIERIA
INGENIERIA DEL TERRENO
description Recent developments in the area of Bid Tender Forecasting have enabled bidders to implement new types of easy-to-use tools for increasing their chances of winning contracts. Although these new tools (such as iso-Score Curve Graphs, Scoring Probability Graphs, and Position Probability Graphs) are designed for bidders in capped tendering (tenders with an upper price limit), some of their principles can also be applied by a Contracting Authority to detect which bidders do not follow a standard pattern, that is, their bids are extremely high or low. Since a collusive bid generally needs to be sufficiently high or low to make an impact on the bid distribution, any person in charge of supervising capped tenders can be alerted to any bidder that might be involved in a cartel after identifying the same abnormal behavior in a series of tenders through simple calculations and a new type of graph.
publishDate 2013
dc.date.none.fl_str_mv 2013
2013-05-01
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://riunet.upv.es/handle/10251/43290
url https://riunet.upv.es/handle/10251/43290
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Reserva de todos los derechos
http://rightsstatements.org/vocab/InC/1.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Reserva de todos los derechos
http://rightsstatements.org/vocab/InC/1.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Elsevier
publisher.none.fl_str_mv Elsevier
dc.source.none.fl_str_mv reponame:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
instname:Universitat Politècnica de València (UPV)
instname_str Universitat Politècnica de València (UPV)
reponame_str RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
collection RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,301603

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