Partner selection model on bidding alliance for BOT projects based on modified auto-adapted ant colony algorithm

Yonghe Yu*, Weimin Ma, Suyan Li, Guo Li

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Citation (Scopus)

Abstract

Bidding alliance partner selection is a key problem for bidding alliance formation, and it has the characteristics of multi-objective decision-making. In order to overcome the traditional partner evaluation's weakness, such as single goal oriented or a single process oriented, 0-1 integer programming model for selecting multi-partner in multi-projects was constructed to minimize the comprehensive evaluation value, which was based on cost, financing, risks, and quality indexes. According to characteristics of this problem, principle of Ant colony algorithm was analyzed. Based on basic ant colony algorithm, transition probability was improved and information coefficient was auto-adapted, which better realized the global optimization and fast convergence. Finally the numerical analysis showed this method was more accurate and could get better solution compared to genetic algorithm and the basic ant colony algorithm. This method could solve multi-objective decision-making problem, such as alliance partner selection.

Original languageEnglish
Title of host publication2009 International Conference on Artificial Intelligence and Computational Intelligence, AICI 2009
Pages240-244
Number of pages5
DOIs
Publication statusPublished - 2009
Externally publishedYes
Event2009 International Conference on Artificial Intelligence and Computational Intelligence, AICI 2009 - Shanghai, China
Duration: 7 Nov 20098 Nov 2009

Publication series

Name2009 International Conference on Artificial Intelligence and Computational Intelligence, AICI 2009
Volume2

Conference

Conference2009 International Conference on Artificial Intelligence and Computational Intelligence, AICI 2009
Country/TerritoryChina
CityShanghai
Period7/11/098/11/09

Keywords

  • Ant colony algorithm
  • BOT projects
  • Bidding alliance
  • Partner selection

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