Game-theoretic models of tender design
Vladimir Viktorovich Mazalov, Julia Sergeevna Tokareva · Automation and Remote Control · 2014
This paper considers an n -player non-zero-sum game arising in tender design. Players submit some projects characterized by a vector of certain parameters. An arbitrator or arbitration committee chooses one of the projects by a stochastic procedure; its probability distribution function appears known to all players. The winner gains a payoff depending on the parameters of his project. The authors develop the game-theoretic model of this problem.