• Title/Summary/Keyword: OnBid

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Receipt-free Sealed-bid Auction Scheme Using Cryptographic Techniques

  • Her, Yong-Sork
    • Proceedings of the Korea Society of Information Technology Applications Conference
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    • 2005.11a
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    • pp.247-250
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    • 2005
  • Recently, a concept of bid-rigging is issued in electronic auction. To prevent this attack, Abe-Suzuki proposed firstly receipt-free scheme based on bidding-booth. Chen-Lee-Kim pointed out that Abe-Suzuki's scheme only provides receipt-freeness for losing bidders. Also, they introduced a new receipt-free sealed bid auction scheme using the homomorphic encryption technique. The main participants of their scheme are Auctioneer, Auction Issuer, Bidder and Seller. Bid-rigging can happen by a seller in their scheme. We propose receipt-free sealed-bid auction scheme using a universal re-encryption mixnet. For our receipt-free sealed-bid auction, we use Pseudo ID of a bidder and universal re-encryption technique of Golle et al. Also, our scheme satisfies privacy, correctness, public verifiability, non-reputation, and receipt-freeness.

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Predicting Fair Bidding Behavior of Bidding Practitioners using TPB (TPB를 활용한 입찰실무자들의 공정입찰 행동 예측)

  • Cho, Jin-Ho;Shin, Young-Su;Kim, Byung-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.25 no.1
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    • pp.23-31
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    • 2024
  • This study highlights the importance of understanding the fair bidding behavior of bid practitioners in order to eliminate bid-rigging, which has a detrimental impact on the construction industry and the overall economy. The research collected survey data from bid practitioners in the Daegu and Gyeongbuk regions of South Korea and analyzed the causal relationships between attitudes towards bid-rigging, subjective norms, perceived behavioral control, and the intention to engage in fair bidding using PLS-SEM analysis. The analysis results confirm that attitudes towards bid-rigging and perceived behavioral control are significant variables predicting the intention to engage in fair bidding among bid practitioners. This indicates that bid practitioners' perceptions of bid-rigging and personal behavioral control influence their willingness and actions towards fair bidding. The insights gained from this research provide valuable insights into bid practitioners' behavioral changes and can aid in the development of policies and measures to promote fair bidding and prevent bid-rigging.

A Study on Collusion Effects for Bid Award in Public Construction Works (공공 건설공사 담합이 낙찰에 미치는 영향 분석 연구)

  • Kim, Myeongsoo
    • Korean Journal of Construction Engineering and Management
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    • v.21 no.1
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    • pp.12-20
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    • 2020
  • To estimate collusion effects on bid award in Public Construction works, this paper uses Logit Model, which is a choice variable model. Price, design, competition, and other factors are included, with a special focus on collusion, as independent variables in the model. The empirical results are as follows. First, collusion has little effects on bid award, but great impacts on bidding behavior. Secondly, the score of design is the most important and significant factors among all variables. Thirdly, competition has also significant effects on bid award. Finally it is analyzed that institutional framework and characteristics of public work have some effects on bidding award.

Application of Modifiable Bid of BOQ in Garak Market Modernization Project Phase 1 (가락시장현대화사업 1단계 물량내역수정입찰 적용 사례)

  • Cho, Kyung-Je;Kim, Hyung-Jin
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.111-112
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    • 2015
  • Garak Market Modernization Project Phase 1, which is the public projects worth 1,75 billion won, was delivered by adopting modifiable bid of BOQ on the lowest price award system. The modifiable bid of BOQ system allows bidders to modify quantities based on their own drawings and construction specifications and requirements. It was initiated by the government for minimizing design error and for inducing technical competition between tenders by checking errors. At that time the bidding, it allowed modifying the BOQ all the works. In the construction phase, the responsibility for the design changes, due to mistakes and omissions on design documents and BOQ were disputed between the owner and the contractors. This study analyzed the problem of the system and addressed a need of improvement.

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A Study on the Improvement Method on Calculating the Damages Caused by the Bid Rigging in the Construction Work (건설공사 입찰담합으로 인한 손해액 산정 개선방안 연구)

  • Min, Byeong-Uk;Park, Hyung-Keun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.37 no.6
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    • pp.1053-1061
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    • 2017
  • The study is concerned with providing the improvement method on making a reasonable and scientific decision on the damages accrued from the bid rigging in the construction work. According to the review on the precedent studies and decision cases on the damages caused by bid rigging, the representative problems include the insufficiency of the classification system on the damage calculation method and the omission of the necessary stage in the damage determination process. First, the improved classification system on calculating the damages caused by bid rigging is presented with the application to the bid rigging in the construction work by adding the ratio factor in addition to the damage calculation parameters such as price and cost. Second, the standard procedures organized with six stages is presented as the process required for determining the damages if the indemnification for bid rigging is claimed. The study becomes the foundation for resolving the problem with the undue burden on a party and for preventing the opportunity loss by resolving a dispute early through the improvement classification system and standard procedures presented in the study.

Structural Analysis of the OnBid Car Auction (온비드 공매가격 결정요인에 관한 연구: 승용차 공매를 중심으로)

  • Song, Unjy
    • KDI Journal of Economic Policy
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    • v.36 no.3
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    • pp.61-93
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    • 2014
  • This paper analyzes Onbid car auction data by employing various methods, including structural estimation, to identify main factors which decides auction prices and figure out what effects those factors are making on the auction price. I then discuss on how to maximize sellers' revenue in OnBid car auctions. The government and public institutes sell their assets through the OnBid auction, hence the optimal design of the OnBid auction is important. The paper's main findings are as follows: (ⅰ) The independent private value model explains OnBid car auction data better than the correlated private value model or the interdependent value model; (ⅱ) Both the number of bidders and the ratios of the auction price to the evaluation value were lower in the auctions posted by the Kamco than auctions by institutes other than the Kamco; (ⅲ) Some auctions require that at least two bidders should submit a bid no less than the reserve price for sale. In those auctions, both the number of bidders and each bidder's valuation on the auctioned object were lower than in auctions without that requirement; (ⅳ) The sum of sellers' revenue would be decreased in the simulation with the reserve price higher by 5%, 10%, and 20% across auctions by institutes other than Kamco.

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Uncertainty Factors affecting Bid Price from Pre-bid Clarification Document of Transport Construction Projects

  • Jang, YeEun;Kim, HaYoung;Yi, June-Seong;Lee, Bum-Sik
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.238-244
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    • 2022
  • Civil projects are associated with many uncertainties because they involve a long duration, many resources, a large area, and many supply chains. Therefore, the price of a civil project is not simply proportional to the quantity and unit price of the item but has a variable value, including uncertainty risk. This study investigates the influence of the uncertainty factors in the pre-bid clarification document on bid price formation during the project bidding phase. To this end, civil projects from the California Department of Transportation (Caltrans) were used as research data. This study randomly selected fifty sample data from each of twelve counties from 2008-to 2020: six hundred. The authors observed that each project sample had 0 to n query cases due to uncertainty. Then, this study examined the project uncertainty cases and categorized them into the following four uncertainty factors: 'conflict' (UF1), 'impossibility' (UF2), 'lack' (UF3), and 'missing' (UF4). Under the extracting process, the cases are classified into four uncertainty factors. With the project not containing any uncertainty factors as a control group, the project containing these uncertainty factors was designated as an experimental group. After comparing the bidder's price, the experimental group's bid price was higher than the control group's. This result suggests that uncertainty factors in bid documents induce bidders to set a high bid price as a defense against uncertainty.

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Analysis of Factors Affecting Successful Bid Price in Public Construction Technical Bidding (공공공사 기술형 입찰에서의 낙찰가격에 미치는 요인 분석)

  • Lee, Jung-Woong;Yi, Sung-Wook
    • Asia-Pacific Journal of Business
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    • v.13 no.1
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    • pp.213-230
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    • 2022
  • Purpose - The purpose of this study is to find out any potential factors for explanatory variables when calculating the virtual successful bid rate in case of no collusion. Design/methodology/approach - An empirical analysis was conducted in this study with a regression analysis that included 725 bid samples under the public construction technical type bidding. Findings - The result of the basic analysis showed that there are several factors affecting the successful bid rate. First, collusion variable; second, government variable; third, successful bidder design score variable and the number of bidder variable among bidding features; fourth, turnkey variable based on the alternative method; fifth, civil works variable and plant works variable based on building work; sixth, asset variable and the fourth-quarter performance difference variable. However, the technical proposal method variable among bidding features was found to be statistically insignificant in column(4). Research implications or Originality - The significance of this research is that new variable such as the government variable and the fourth-quarter performance difference variable were added in the regression model, which showed statistically significant research results.

Whole Life Performance Bid Evaluation in the Korean Public Sector

  • Park, Kenneth Sungho;Lim, Hyoung-Chul
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.6
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    • pp.682-700
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    • 2012
  • Over the last several years, Korea has increasingly adopted design-build for public construction projects. There is a much greater awareness of the need to change to a system based on 'Value for Money', which is high on the government's agenda. A whole life performance bid evaluation model is proposed to aid decision makers in the selection of a design-builder. This is based on the integration of a framework using an analytic hierarchy process, as the bid awarding system is being changed from one based on the lowest price to one based on best value over the life-cycle. Key criteria such as whole life cost, service life planning and design quality are important through the key stages of the evaluation process. The model uses a systematic and holistic approach, which enables the public sector client to make better decisions in design-builder selection, which will deliver whole life benefits based on long-term cost-effectiveness.

Body Image Dissatisfaction as a Mediator of the Association between BMI, Self-esteem and Mental Health in Early Adolescents: A Multiple-group Path Analysis across Gender (초기 청소년의 체질량지수, 자아존중감과 정신건강과의 관계에서 신체상 불만족의 매개역할에 대한 성별차이: 다중집단 경로분석)

  • Jang, Mi Heui;Lee, Gyungjoo
    • Journal of Korean Academy of Nursing
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    • v.43 no.2
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    • pp.165-175
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    • 2013
  • Purpose: This study was done to examine not only the relationships between body mass index (BMI), self-esteem, body image dissatisfaction (BID) and mental health, according to gender, but the mediating role of BID on mental health in relation to BMI and self-esteem among early adolescents. Methods: Data from 576 (296 boys and 280 girls) elementary school students in grades 5 to 6 were collected. A multiple-group path analysis was utilized to examine the relationships between BMI, self-esteem, BID and mental health by gender. Results: In the path analysis for all students, poor mental health was related directly to BID, while it was indirectly related to BMI and self-esteem. In the multiple-group path analysis of both genders, BID was found to have a significant direct and indirect effect on mental health for girls alone. Conclusion: The findings suggested that BID should be examined early to prevent poor mental health in early adolescent girls. This study helps to elucidate the role of early adolescent BID on mental health and provides insight for further prevention and intervention programs in school and community mental health settings.