• Title/Summary/Keyword: Bid information system

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An Efficient Bid Pricing Agent for Internet Bid Systems Based on Costing Methods (원가 산정법에 기반한 인터넷 입찰 시스템의 효율적 입찰가 생성 에이전트)

  • Park Sung Eun;Lee Yang Kyu
    • Journal of Information Technology Applications and Management
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    • v.11 no.3
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    • pp.23-33
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    • 2004
  • Internet bid systems have been widely used recently. In those systems, the bid price is provided by the seller. When the bid price is set too high compared with the normal price, the successful bid rate can be decreased. Otherwise, when it is set too low based on inaccurate information, it can result in a successful bid with no profit at all. To resolve this problem, we propose an agent that automatically generates bid prices for sellers based on various costing methods such as the high-low point method, the scatter diagram method, and the learning curve method. Through performance experiments, we have found that the number of successful bids with appropriate profit can be increased using the bid pricing agent. Among the costing methods, the learning curve method has shown the best performance. Also, we discuss about how to design and implement the bid pricing agent.

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Development of Management System for Feature Change Information using Bid Information (입찰정보를 이용한 지형지물변화정보 관리시스템 개발)

  • Heo, Min;Lee, Yong-Wook;Bae, Kyoung-Ho;Ryu, Keun-Hong
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.27 no.2
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    • pp.195-202
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    • 2009
  • As the generation and application of spatial information is gradually expanded not only in traditional surveying fields but also a CNS and an ITS recently. The Accuracy and the newest of data grow to be an important element. But digital map is updated with system based tile. So, it is hard to get the newest of data and to be satisfied with user requirements. In this study, management system is developed to manage feature change efficiently using bid informations from NaraJangter which service the bid informations. A construction works with change possibility of feature from bid informations are classified and are made DB. And the DB is used as the feature change forecast informations. Also, It is converted from bid information of text form to positioning informations connected to spatial information data. If this system is made successfully, this system contributes to reduce the cost for the update of digital map and to take the newest date of spatial informations.

Automatic Generation of Reserve Prices and Bid Prices for a Group Buying System (공동 구매 시스템에서의 낙찰 예정가 및 입찰가 자동 생성)

  • 김신우;고민정;박성은;이용규
    • The Journal of Society for e-Business Studies
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    • v.7 no.2
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    • pp.55-68
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    • 2002
  • Internet group buying systems have been widely used recently. In those systems, because the reserve price is provided by the buyer, the success rate can be decreased if the reserve price is set too low compared with the normal price. Otherwise, an unsuitable successful bid can be made if the reserve price is set too high based on inaccurate information. Likewise, the seller's providing too high a bid price can deteriorate his/her own successful bid rate, whereas a successful bid with too low a price may make no profit in the sale. Therefore, pricing agents that recommend adequate prices based on the past buying and selling history data can be helpful. In this paper, we propose two kinds of agents. One suggests reserve prices to buyers based on the past buying history database of the system. The other recommends bid prices to a seller based on the past bidding history data of the company using the cost accounting theory. Through performance experiments, we show that the successful bid rate can increase by preventing buyers from making unreasonable reserve prices. Also, we show that, for the seller, the rate of successful bids with appropriate profits can increase. Using the pricing agents, we design and implement an XML-based group buying system.

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A Real Time Bidding Agent System Applying fuzzy-Based Bid Limit (퍼지-기반 낙폭 제한을 적용한 실시간 입찰 에이전트 시스템)

  • 임준식
    • Journal of Internet Computing and Services
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    • v.2 no.2
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    • pp.95-103
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    • 2001
  • This paper implements the desirable-bid price type bidding agent system that enables internet bidding between buyer and sellers efficiently in real Time. The agent system controls the bid-limit to approach successful desirable-bid price of a buyer. to reduce unsuccessful bid rate using fuzzy-based bid-limit inference method.

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A Forecasting Method for Court Auction Information System using Exponential Smoothing (지수평활을 이용한 법원 경매 정보 시스템의 낙찰가 예측방법)

  • Oh, Kab-Suk
    • Journal of the Korea Society of Computer and Information
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    • v.11 no.5 s.43
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    • pp.59-67
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    • 2006
  • This paper proposes a forecasting method for court auction information system using exponential smoothing. The system forecast a highest bid price for claim analysis, and it is designed to offer an quota information by the bid price. For this realization, we implemented input interface of object data and web interface of information support. Input interface can be input, update and delete function and web interface is support some information of court auction object. We propose a forecasting method using exponential smoothing of a highest bid price for auto-claim analysis with real time information support and the results are verified the feasibility of the proposed method by experiment.

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The Design and Implementation of Internet Auction System Support Bidding Trace (입찰 추적을 지원하는 인터넷 경매 시스템 설계 및 구현)

  • Kim, Chung-Seok
    • The Transactions of the Korea Information Processing Society
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    • v.7 no.5S
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    • pp.1719-1725
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    • 2000
  • Since the advance of WWW, internet related fields have been growing very rapidly. Especially, the development of electronic commerce ares have changed even or life style. This paper is about the design and implementation of an internet auction system, which is considered as on of the most attractive internet services. An internet auction system has more complex processes compared with other electronic commerce systems. In auction systems, bids and a successful bid are required in trading all goods. In this paper, I designed and implemented all processes of an internet auction system, in which a bid tracing systems is included for the first time. The bid tracing system is implemented using only HTTP in maintain compatibility in WWW environment. I also used th JAVA blocking concept to simulate two-way communication. The proposed system is implemented on Windows NT environment using JAVA, ASP, and the Oracle database.

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An Implementation of Optimum Tender Price Automatic Calculation System using Statistical Analysis Technique (통계분석 기법을 이용한 최적의 투찰가 자동 산출 시스템의 구현)

  • Kim, Bong-Hyun;Lee, Se-Hwan;Cho, Dong-Uk
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.33 no.11B
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    • pp.1013-1019
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    • 2008
  • Recently, various information and data are efficiently used by the rapid growth of its Internet in our real life. But, users have spent lots of time finding necessary information for the increased amounts of information. To solve this problem, it can be provided the speed, accuracy of information search with development of intelligent search engines, agent system etc. In this paper, we propose the method of getting the best tender price in the analysis of the construction bid information that needs its professionalism by on the purpose to maximize users' satisfaction. Of course, if it is not under the unit of a results in the future, we put target of this paper on part to heighten supreme successful bid success rate. Therefore, this paper embodies offered system of web based on producing tender price of most suitable through techniques to produce tender price about successful bid that compare with bidder fare by statistical analysis incidental and value approaching successful bidder fare by frequency analysis method.

Detecting Red-Flag Bidding Patterns in Low-Bid Procurement for Highway Projects with Pattern Mining

  • Le, Chau;Nguyen, Trang;Le, Tuyen
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.11-17
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    • 2022
  • Design-bid-build (DBB) is the most common project delivery method among highway projects. State Highway Agencies (SHAs) usually apply a low-bid approach to select contractors for their DBB projects. In this approach, the Federal Highway Agency suggests SHAs heighten contractors' competition to lower bid prices. However, these attempts may become ineffective due to collusive bidding arrangements among certain contractors. One common strategy is the rotation of winning bidders of a group of contractors who bid on many of the same projects. These arrangements may also be specific to a particular region or vary in time. Despite the practices' adverse effects on bidding outcomes, an effective model to detect red-flag bidding patterns is lacking. This study fills the gap by proposing a novel framework that utilizes pattern mining techniques and statistical tests for unusual pattern detection. A case study with historical data from an SHA is conducted to illustrate the proposed framework.

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A Development of Court Auction Information System using Time Series Forecasting (시계열 예측을 이용한 법원경매 정보제공 시스템 개발)

  • Oh, Kab-Suk
    • Journal of the Korean Institute of Intelligent Systems
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    • v.16 no.2
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    • pp.172-178
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    • 2006
  • This paper presents a development of court auction information system using time series forecasting. The system forecast a highest bid price for claim analysis, and it is designed to offer an quota information by the bid price. For this realization, we implemented input interface of object data and web interface of information support. Input interface can be input, update and delete function and web interface is support some information of court auction object. We propose a forecasting method of a highest bid price for auto-claim analysis with real time information support and the results are verified the feasibility of the proposed method by experiment.

Study on the Context Awareness-based Real Estate Auction Information System under the Smart Phone Environment (스마트폰 환경에서 상황인식기반 경매매물 정보시스템에 대한 연구)

  • Park, Hwa-Jin
    • Journal of Digital Contents Society
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    • v.12 no.4
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    • pp.585-592
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    • 2011
  • Real Estate Auction Information System purposes on providing high quality information of auction customized to consumer's situation and preference. Especially, ever-changing real time information such as the number of hits and advanced analysis for expecting the winning bid are requiring of mobile information system based on context awareness. Therefore, this paper studies on Real Estate Auction Information System based on context awareness under a smart phone environment providing auction information such as consumer's current position, the number of hits to a specific real estate, and the number of bidder to anticipate the winning bid.