Government-led rural Infrastructure PPP Project Risk Allocation
Xia Xiao, Hui Ao
Available Online April 2019.
- https://doi.org/10.2991/ismss-19.2019.38How to use a DOI?
- Rural infrastructure; PPP project; risk allocation; government sector; private sector
- 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.
- 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 -