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Full-Text Articles in Engineering
An Agent-Based Model To Study Competitive Construction Bidding And The Winner's Curse, Amr Elsayegh, Cihan H. Dagli, Islam H. El-Adaway
An Agent-Based Model To Study Competitive Construction Bidding And The Winner's Curse, Amr Elsayegh, Cihan H. Dagli, Islam H. El-Adaway
Engineering Management and Systems Engineering Faculty Research & Creative Works
Reverse auction theory is the basis for competitive construction bidding process. The lowest bid method is utilized for selecting contractors in public projects. The winning contractor having the lowest bid value could be cursed when the submitted bid value results in negative profits. This is caused by many factors such as the contractor's estimation accuracy and markup. This is addressed in this paper by providing a model simulating the construction competitive bidding and the occurrence of the winner's curse. To this end, the authors show the extent to which the winner's curse affects the status of contracting companies. The objectives …
Dynamics And Dislodgment From Pore Constrictions Of A Trapped Nonwetting Droplet Stimulated By Seismic Waves, Wen Deng, M. Bayani Cardenas
Dynamics And Dislodgment From Pore Constrictions Of A Trapped Nonwetting Droplet Stimulated By Seismic Waves, Wen Deng, M. Bayani Cardenas
Civil, Architectural and Environmental Engineering Faculty Research & Creative Works
Seismic waves affect fluid flow and transport processes in porous media. Therefore, quantitative understanding of the role of seismic waves in subsurface hydrodynamics is important for the development of practical applications and prediction of natural phenomena. We present a theoretical fluid dynamics model to describe how low-frequency elastic waves mobilize isolated droplets trapped in pores by capillary resistance. The ability of the theoretical model to predict the critical mobilization amplitudes (Ac) and the displacement dynamics of the nonwetting droplet are validated against computational fluid dynamics (CFD) simulations. Our theory has the advantage of rapid calculation of Ac …