Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

A management framework for the implementation of policies for industrial ecology, Part II: a competitive bidding process

A management framework for the implementation of policies for industrial ecology, Part II: a... One strategy to implement Industrial Ecology (IE) is to utilise industrial waste streams as alternative sources of other needed materials. This paper is concerned with a competitive bidding process for converter selection to support the implementation of tax and subsidy policy that promotes secondary material converted from industrial waste, as a substitute for virgin material. With regard to the government's problem in determining the quota to allocate and the converter's difficulties in building strategies, we propose a two-stage sealed-bid format and rating approach using a performance index for converter selection and quota allocation. We describe a bidding procedure that can be efficient and effective for both the government and the converters participating in the bidding process. Our analysis shows that the implementation of a two-stage bidding format can improve competition among bidders, leading to a better achievement of the goal of the policy. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Progress in Industrial Ecology, an International Journal Inderscience Publishers

A management framework for the implementation of policies for industrial ecology, Part II: a competitive bidding process

Loading next page...
 
/lp/inderscience-publishers/a-management-framework-for-the-implementation-of-policies-for-9non7r0btT
Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1476-8917
eISSN
1478-8764
Publisher site
See Article on Publisher Site

Abstract

One strategy to implement Industrial Ecology (IE) is to utilise industrial waste streams as alternative sources of other needed materials. This paper is concerned with a competitive bidding process for converter selection to support the implementation of tax and subsidy policy that promotes secondary material converted from industrial waste, as a substitute for virgin material. With regard to the government's problem in determining the quota to allocate and the converter's difficulties in building strategies, we propose a two-stage sealed-bid format and rating approach using a performance index for converter selection and quota allocation. We describe a bidding procedure that can be efficient and effective for both the government and the converters participating in the bidding process. Our analysis shows that the implementation of a two-stage bidding format can improve competition among bidders, leading to a better achievement of the goal of the policy.

Journal

Progress in Industrial Ecology, an International JournalInderscience Publishers

Published: Jan 1, 2006

There are no references for this article.