Open AccessA DOCUMENTATION OF BIDDING GAMES USED IN MEASURING SOCIAL VALUE Excerpt from NUREG/CR-0989, PNL-2952, Vol. II Appendix C
Author(s) -
Jonathan Currie,
John Kidd
Publication year - 1980
Language(s) - English
Resource type - Reports
DOI - 10.2172/1072018
Subject(s) - bidding , documentation , value (mathematics) , operations research , computer science , microeconomics , economics , engineering , machine learning , programming language
This paper reviews the bidding game literature describing strategies used to measure the social value of various impacts resulting from environmentaltering projects. The theoretical measures of social value are presented, followed by a discussion of their relationship to different types of bidding games. Previous bidding game studies are documented. The important elements of bidding games and their relationship to the theoretical measures of social value are discussed. Finally, elements of the bidding games designed for a Pacific Northwest Laboratory project are compared with those of the studies reviewed