Proceedings of The First International Symposium on Management and Social Sciences (ISMSS 2019)

Government-led rural Infrastructure PPP Project Risk Allocation

Authors
Xia Xiao, Hui Ao
Corresponding Author
Hui Ao
Available Online April 2019.
DOI
https://doi.org/10.2991/ismss-19.2019.38How to use a DOI?
Keywords
Rural infrastructure; PPP project; risk allocation; government sector; private sector
Abstract
The rural infrastructure PPP project can alleviate the government's financial pressure on rural infrastructure construction to a certain extent, and the reasonable allocation of PPP project risks is a key for the progress of the PPP project. This paper based on the principle of government priority bidding, uses the bargaining game theory to establish a bargaining model for risk allocation of PPP projects under incomplete information, and calculates the risk allocation ratio between government and private sector by calculating the Nash equilibrium. Finally, the beautiful villages PPP project in the Shangyu district is taken as an example to provide a reasonable plan for determining the proportion of risk allocation.
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Proceedings
The First International Symposium on Management and Social Sciences (ISMSS 2019)
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
April 2019
ISBN
978-94-6252-697-6
ISSN
2352-5398
DOI
https://doi.org/10.2991/ismss-19.2019.38How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Xia Xiao
AU  - Hui Ao
PY  - 2019/04
DA  - 2019/04
TI  - Government-led rural Infrastructure PPP Project Risk Allocation
BT  - The First International Symposium on Management and Social Sciences (ISMSS 2019)
PB  - Atlantis Press
SP  - 180
EP  - 185
SN  - 2352-5398
UR  - https://doi.org/10.2991/ismss-19.2019.38
DO  - https://doi.org/10.2991/ismss-19.2019.38
ID  - Xiao2019/04
ER  -