Hou, Chengfan; Lu, Mengshi; Deng, Tianhu; Shen, Zuo-Jun Max - 2022
Request-for-quote (RFQ) is the most common way for contractor selection, which is of vital importance to the success of project outsourcing. Project clients need to carefully design the RFQ mechanism to select and incentivize contractors properly. Problem definition: We study the RFQ design...