• Title/Summary/Keyword: Electronic bidding

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The Prediction of Bidding Price using Deep Learning in the Electronic Bidding (전자입찰에서 딥러닝을 이용한 입찰 가격예측)

  • Hwang, Dae-Hyeon;Bae, Young-Chul
    • The Journal of the Korea institute of electronic communication sciences
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    • v.15 no.1
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    • pp.147-152
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    • 2020
  • The bidding program uses statistical analysis method of the collected bidding information and the accumulated bidding results from the public/private sector; however, it is not easy to predict the accurate bidding price by winning the bid method through multiple lottery. Therefore, this paper analyzes the accuracy of the current state data of the electric construction bid from January 2015 to August 2019 acquired from the electric net, which is an electronic bidding site, We use MLP and RNN method, and proposes a technique to predict the bidding amount necessary for the winning bid by predicting the amount between the first and the lowest bidder.

A Study on the Electronic Processing of Bidding Business for Public Procurement in Construction Industry (건설산업 공공조달을 위한 입찰업무 전자처리에 관한 연구)

  • Ahn Kwang-Hoon;Cheon Bong-Gi;Kim Seung-Kyun;Kim Yea-Sang
    • Korean Journal of Construction Engineering and Management
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    • v.3 no.2 s.10
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    • pp.114-120
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    • 2002
  • Traditional bidding process and activities in public construction area has many problems in terms of the transparency and fairness of administration. And, it causes many expenses to suppliers. As part of the efforts to solve these problems, some public institutions developed the electronic bidding systems. But these systems have still problems in diverse aspects. Therefore, the purpose of this study is to analyze current bidding systems through literature survey, Questionnaire, contentment estimation and IDEF method to compare the result of the analysis with the developed electronic bidding systems and to suggest the improvement for the coming bidding systems. According to the survey, under present bidding system big problem is inconvenience of conducting process. Nearly all users of current electronic bidding systems were contented. When public institutions are planning new electronic bidding systems, standardization, security, law and bidding system consolidation must be applied. This study proposes an improved bidding system and described the effects through the improvements.

A Study on Secure Electronic Bidding System (안전한 전자 입찰 시스템에 관한 연구)

  • 박희운;이임영
    • Journal of Korea Multimedia Society
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    • v.3 no.2
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    • pp.140-147
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    • 2000
  • In our modern information society, many subjects related to computer networks are studies. The electronic bidding system based on cryptology is one of such subjects. In this study, we focus upon the bidding system used in the internet electronically. The electronic bidding system compared to the older version is time consuming and cost efficient in the process of bidding. However, there are many issues, that connected with the safety and the equality, to be resolved before the system can be applied in practice. Therefore, in this paper, we consider with the problems and requirements of the electronic bidding system and analyze the conventional electronic bidding systems based on the requirements. Also we propose the new secure efficient electronic bidding system that satisfies all requirments.

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Design and Implementation of Web-based Electronic Bidding System using XML (웹 기반의 XML을 활용한 전자 입찰 시스템의 설계 및 구현)

  • 윤선희
    • The Journal of Information Systems
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    • v.10 no.1
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    • pp.127-146
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    • 2001
  • The area of business applications in the internet are extended enormously in result of fast development of computing and communication technologies, increase of internet use, and use of intranet/extranet in enterprise information system. Widely spread the use of the internet, there are various applications for Business to Business (B to B) or Business to Customer(B to C) model that are based on the intranet or extranet. This paper designed and implemented the Web-based Electronic Bidding System for Business to Business (B to B) model. The technical issues of electronic bidding system in the internet are involved in the connection between web client and server, electronic data interchange for the contract document, and security solution during the bidding and contracting processes. The web-based electronic bidding system in this paper is implemented using Java applet and servlet as a connection interface for web client and server, XML/EDI-based documents for a bid and a contract, and bidding server and notary server for enhancing the security using PKI(Public Key Infrastructure)-based public key cryptography, digital signature and Certification Authority(CA).

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A Basic Study on the Electronic Bidding Systems for Public Procurement in Construction Area (건설부문 공공조달을 위한 입찰업무 전자처리에 대한 기초적 연구)

  • Cheon Bong-Gi;Jung In-Su;Kim Young-Kyun;Kim Seung-Kyun;Kim Yea-Sang
    • Korean Journal of Construction Engineering and Management
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    • v.2 no.3 s.7
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    • pp.75-82
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    • 2001
  • Traditional bidding process and activities in public construction area has many problems in terms of the clearness and fairness of administration. And, it causes many cost consumption to suppliers. As part of the efforts to solve these problems, some public institutions developed the electronic bidding systems. But these systems have still problems in diverse aspects. Therefore, the purpose of this study is to analyze current bidding systems through literature survey, case study and process mapping methodology, to compare the result of the analysis with the developed electronic bidding systems and to suggest the improvement for the coming bidding systems. As results of this study, key processes and classified contract types about public construction bidding were identified. These can be applied by means of guidelines when public institutions are planning new electronic bidding systems. The composition of unified driving organization, the database development for information share and the standardization of national level for the new electronic bidding systems were also suggested.

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Bidding Strategy Determination by Defining Strategic Vector

  • Kang, Dong-Joo;Kim, Balho H.;Chung, Koo-Hyung;Moon, Young-Hwan
    • KIEE International Transactions on Power Engineering
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    • v.3A no.1
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    • pp.47-52
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    • 2003
  • This paper presents a schematic process based on the method of eliminating dominated strategies to obtain the optimal bidding strategy Pursuing the Nash equilibrium Point. The Proposed approach is demonstrated for a bidding game in a generation competitive market with 2-dimensional bidding strategy vectors constituting a price-quantity strategy curve.

A Study on the Bid MIS in Construction by Object-Oriented Methodology (공공건설 입찰관리 정보시스템에 관한 연구 - 객체지향 방법론에 의한 공사실적관리를 중심으로 -)

  • Cheon Bong-Gi;Kim Yea-Sang
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.131-138
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    • 2002
  • Traditional bidding process and activities in public construction area has many problems in terms of the clearness and fairness of administration. And, it causes many cost consumption to suppliers. As part of the efforts to solve these problems, some public institutions developed the electronic bidding systems. But these systems have still problems in diverse aspects. Therefore, the purpose of this study is to analyze current bidding systems through literature survey and questionnaire, to compare the result of the analysis with the developed electronic bidding systems and to suggest the improvement for the coming bidding systems.

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A Design and Implementation of Secure Electronic Bidding System (인터넷 기반 전자입찰시스템의 보안 설계 및 구현)

  • 윤선희
    • Journal of the Korea Computer Industry Society
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    • v.3 no.7
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    • pp.861-870
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    • 2002
  • The area of business applications in the internet are extended enormously in result of fast development of computing and communication technologies, increase of internet use, and use of intranet/extranet in enterprise information system. Widely spread the use of the internet, there are various applications for Business to Business (B to B) or Business to Customer(B to C) model that are based on the intranet or extranet. This paper designed and implemented the Web-based Electronic Bidding System for Business to Business (B to B) model. The technical issues of electronic bidding system in the internet are involved in the connection between web client and server, electronic data interchange for the contract document, and security solution during the bidding and contracting processes. The web-based electronic bidding system in this paper is implemented using Java applet and servlet as a connection interface for web client and sewer, XML/EDI-based documents for a bid and a contract, and bidding server and notary server for enhancing the security using PKI(Public Key Infrastructure)-based public key cryptography, digital signature and Certification Authority (CA).

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Provable Secure Brand-new Multi-auction Mechanism with Dynamic Identity

  • Lee, Jung-San;Wei, Kuo-Jui;Chen, Ying-Chin;Sun, Yun-Hsiang
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.10 no.12
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    • pp.5616-5642
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    • 2016
  • Different from traditional auctions, electronic auctions provide a platform to allow bidders and auctioneers merchandise to each other over network anytime and anywhere. Auctioneers can publish information of goods, and bidders can choose the interested targets through this bidding platform. To ensure the fairness and security of electronic auctions, Li et al. have proposed a practical electronic auction scheme which can confirm the requirement of strong anonymity, bidding privacy, and secret bidding price. However, we have found out that Li et al.'s scheme may lurk the risk of the denial-of-service attack during the bidding phase in a sealed-bid auction. Thus, we propose a brand-new sealed-bid auction mechanism, in which the essentials of e-auction can be firmly preserved. In particular, each bidder only needs to register at the center once and then can join to multiple plays launched by different auctioneers. Moreover, the correctness of mutual authentication is confirmed according to the BAN logic model.

Prediction of Budget Prices in Electronic Bidding using Deep Learning Model (딥러닝 모델을 이용한 전자 입찰에서의 예정가격 예측)

  • Eun-Seo Lee;Gwi-Man Bak;Ji-Eun Lee;Young-Chul Bae
    • The Journal of the Korea institute of electronic communication sciences
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    • v.18 no.6
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    • pp.1171-1176
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    • 2023
  • In this paper, we predicts the estimated price using the DNBP (Deep learning Network to predict Budget Price) model with bidding data obtained from the bidding websites, ElecNet and OK EMS. We use the DNBP model to predict four lottery preliminary price, calculate their arithmetic mean, and then estimate the expected budget price ratio. We evaluate the model's performance by comparing it with the actual expected budget price ratio. We train the DNBP model by removing some of the 15 input nodes. The prediction results showed the lowest RMSE of 0.75788% when the model had 6 input nodes (a, g, h, i, j, k).