Bargaining Mechanism Design of PPP Project Bidding

  • Xianzhe Zhang
  • Jun Fang

Abstract

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.


Keywords-Public Private Partnerships; bargaining; game model

Published
2017-11-16
How to Cite
ZHANG, Xianzhe; FANG, Jun. Bargaining Mechanism Design of PPP Project Bidding. GSTF Journal of Engineering Technology (JET), [S.l.], v. 4, n. 3, nov. 2017. ISSN 2251-371X. Available at: <http://dl6.globalstf.org/index.php/jet/article/view/229>. Date accessed: 19 june 2018.