Bargaining Mechanism Design of PPP Project Bidding

Xianzhe Zhang, Jun Fang


Since the implementation of PPP model, it has been
widely concerned, and many scholars have studied the
bargaining process of PPP project. How to establish an effective
mechanism to protect the interests of both the government and
enterprises, to achieve a balance, has been the concern of
scholars. According to the government and the enterprise PPP
project bidding process in fixed income under the condition of
bargaining problems, establishing game model with incomplete
information, divided into round game, conclude bilateral
consultations process. Finally, under the condition of incomplete
information, the two sides should establish information
disclosure mechanism to ensure their own interests under the
condition of incomplete information.


Public Private Partnerships; bargaining; game model

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