Zhou, X (2011) Three essays on construction procurement industry and public policies. PhD thesis, University of Oklahoma, USA.
Abstract
This study analyzes construction procurement auctions conducted by Oklahoma Department of Transportation (ODOT) focusing on mechanism design and its impact on functioning of the market. First we investigate a recent policy that was enacted to reduce cost uncertainty in road construction and its implications upon competitive bidding and firms' survival. Then we consider time incentive bidding designs and the impact on bidding and project completion. Using data from the period extending from 2002 to 2010 and modern econometric techniques, this thesis presents a study of the dynamic interactions between private and public sectors.
| Item Type: | Thesis (Doctoral) |
|---|---|
| Thesis advisor: | Kosmopoulou, G |
| Uncontrolled Keywords: | competitive bidding; market; uncertainty; bidding; construction procurement; policy; road construction; econometric; public sector |
| Index terms: | public policy, construction procurement, interaction, competitive bidding, road construction, econometric, survival, bidding, public sector |
| Subjects: | environmental science, public policy, contractual arrangements, civil engineering, administrative law, economic analysis, behavioral psychology, bidding |
| Topics: | Governance, Legal Issues, Business Strategy, Procurement, Engineering Principles, Sustainability, Research Practice |
| Descriptive scope: | 3 PCA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here