A game theory approach for the allocation of risks in transport public private partnerships

被引：207

作者：

Medda, Francesca ^{[1
]}

机构：

[1] Centre for Transport Studies, Department of Civil and Environmental Engineering, University College London, London, WC1E 6BT, Gower Street

来源：

International Journal of Project Management | 2007年 / 25卷 / 03期

关键词：

Public private partnerships; Risk allocation; Strategy; Transport infrastructure;

D O I：

10.1016/j.ijproman.2006.06.003

中图分类号：

学科分类号：

摘要：

The process of risk allocation between public and private sectors in transport infrastructure agreements is analyzed as a bargaining process between these two agents. Such a process is modelled with a final offer arbitration game. The idea here is to analyze through a game framework the behaviour of the players when confronted with opposite objectives in the allocation of risks. The model shows that when guarantees have a higher value than financial loss we are confronted with strategic behaviour and potential moral hazard problems. © 2006 Elsevier Ltd and IPMA.

引用

页码：213 / 218

页数：5

共 19 条

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