Keywords: Small samples
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Journal Articles
Engineering, Construction and Architectural Management (2002) 9 (2): 90–130.
Published: 01 February 2002
...MARTIN SKITMORE; H.P. LO Construction contract auctions are characterized by (1) a heavy emphasis on the lowest bid as it is that which usually determines the winner of the auction, (2) anticipated high outliers because of the presence of non‐competitive bids, (3) very small samples, and (4...

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