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Research Details

Orangia Highways (A)

Abstract

The decision maker is in charge of procurement auctions at the department of transportation of Orangia (a fictitious U.S. state). Students are asked to assist him in estimating the winning bids in various auctions concerning highway repair jobs using data on past auctions. The decision maker is faced with various professional, statistical, and ethical dilemmas.

Type

Case

Author(s)

Karl Schmedders, Peter Eso, Peter Klibanoff, Graeme Hunter

Date Published

01/01/2006

Citations

Schmedders, Karl, Peter Eso, Peter Klibanoff, and Graeme Hunter. Orangia Highways (A). Case 5-106-007(A) (KEL185).

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