Proceedings of the First International Symposium on Management and Social Sciences (ISMSS 2019) 2019
DOI: 10.2991/ismss-19.2019.38
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Government-led rural Infrastructure PPP Project Risk Allocation

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 secto… Show more

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“…PPP project risk management practices are highly variable, intuitive, subjective, and unsophisticated [108]; this is likely to lead to project failure. Many studies [109][110][111][112] have shown that risk management is a critical concern in PPP projects and the efficient allocation of risk remains problematic [113][114][115]. Furthermore, previous studies on PPP practices [44,89,116,117] have documented the prevalence of inefficiencies in risk allocation.…”
Section: Project Management Of Special Purpose Vehiclementioning
confidence: 99%
“…PPP project risk management practices are highly variable, intuitive, subjective, and unsophisticated [108]; this is likely to lead to project failure. Many studies [109][110][111][112] have shown that risk management is a critical concern in PPP projects and the efficient allocation of risk remains problematic [113][114][115]. Furthermore, previous studies on PPP practices [44,89,116,117] have documented the prevalence of inefficiencies in risk allocation.…”
Section: Project Management Of Special Purpose Vehiclementioning
confidence: 99%