Decision-making on bidding alliance partner for BOT projects based on entropy weight and matter-element relative analysis

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

Decision-making on bidding alliance partner is a complex multi-objective problem, and the result will directly affect the winning of BOT projects bidding. First the problem of bidding alliance partner decision-making is analyzed and operation process of bidding alliance is mainly described. Then multi-objective model of bidding alliance partner decision-making is established. As to specific tasks, entropy weight and matter-element relative analysis are put forward to optimize and solve this model. Information entropy is used to determine weights of factors, which avoids results influenced by subjective factors. Matter-element relative analysis can not only calculate the grade level of overall alliance partners, but also determine the main factors' grade level. Therefore, this method can help the alliance leader to select the proper and powerful alliance partner and form BOT bidding alliance. Finally the case indicates the method is feasible and has certain practical significance.

Original languageEnglish
Title of host publication2009 2nd International Conference on Intelligent Computing Technology and Automation, ICICTA 2009
Pages380-383
Number of pages4
DOIs
Publication statusPublished - 2009
Externally publishedYes
Event2009 2nd International Conference on Intelligent Computing Technology and Automation, ICICTA 2009 - Changsha, Hunan, China
Duration: 10 Oct 200911 Oct 2009

Publication series

Name2009 2nd International Conference on Intelligent Computing Technology and Automation, ICICTA 2009
Volume4

Conference

Conference2009 2nd International Conference on Intelligent Computing Technology and Automation, ICICTA 2009
Country/TerritoryChina
CityChangsha, Hunan
Period10/10/0911/10/09

Keywords

  • BOT project
  • Bidding alliance
  • Information entropy
  • Matter element relative analysis

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