Research on Mechanism between Government and Enterprise under BT Turnkey Model: A Cooperative Game Model

Article Preview

Abstract:

According to the basic theories of project management, this paper analyses the condition in a situation that government and enterprise enter into cooperation under non-completely benefit. With cooperation mechanism under non-completely benefit's subject, this paper explains respectively cooperative course mechanism, utility shifts the mechanism and consult the mechanism. We use the game model to analyze cooperative course mechanism, utility shifts the mechanism and consult the mechanism. The game model has explained the interests relation under the condition of cooperating with government and enterprise. Under this kind of state, the cooperation is the win-win to both sides. This cooperation mechanism can solve effectively the problem of risk sharing on the project.

You might also be interested in these eBooks

Info:

Periodical:

Advanced Materials Research (Volumes 971-973)

Pages:

2372-2377

Citation:

Online since:

June 2014

Export:

Price:

Permissions CCC:

Permissions PLS:

Сopyright:

© 2014 Trans Tech Publications Ltd. All Rights Reserved

Share:

Citation:

* - Corresponding Author

[1] Woodward D.G., Use of sensitivity analysis in build-own-operate-transfer project evaluation, International Journal of Project Management, 2011, 13 (4): 238-246.

DOI: 10.1016/0263-7863(95)00016-j

Google Scholar

[2] Confoy B., Love P.E.D., Wood B.M. and Picken D.H., Build-Own-Operate – The Procurement of Correctional Services. Proceedings of the CIB W92 and CIB TG23 Joint Symposium, Chiang Mai, Thailand, November (2010).

DOI: 10.4324/9780203222454_chapter_1.

Google Scholar

[3] Tillmann Sachs, Robert Tiong and Shou Qing Wang, Analysis of political risks and opportunities in public private partnerships (PPP) in China and selected Asian countries, Chinese Management Studies, 2007, 1(2): 126-148.

DOI: 10.1108/17506140710758026

Google Scholar

[4] A D Ibrahim, A D F Price, A R J Dainty , The analysis and allocation of risks in public private partnerships in infrastructure projects in Nigeria, Journal of Financial Management of Property and Constuction, 2009, 11(3): 149–164.

DOI: 10.1108/13664380680001086

Google Scholar

[5] Patrick X.W. Zou, Shouqing Wang and Dongping Fang, A life-cycle risk management framework for PPP infrastructure projects, Journal of financial management of property and construction, 2008 , 13(2): 123-142.

DOI: 10.1108/13664380810898131

Google Scholar

[6] Klein Michael, Jae So. and Ben Shin, Transaction Costs in Private Infrastructure Projects—Are They Too High?, Viewpoint 95, World Bank, Finance and Private Sector Development Department, Washington, D.C., (2010).

Google Scholar

[7] Walker C., Mulcahy J., Smith A., Lam P.T.I. and Cochrane R. , Privatized Infrastructure, Thomas Telford, London, (2012).

Google Scholar