An Evolutionary Game Model on Public Participation in Public-Private Partnerships

Effective participation of the general public in public-private partnerships (PPPs) can coordinate the multidemands of stakeholders and improve the scientificity of decision-making on infrastructure and public utility projects. However, excessive public participation may aggravate the complexity of...

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Main Authors: Danrong Song, Yan Sun, Yu Fan
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Advances in Civil Engineering
Online Access:http://dx.doi.org/10.1155/2020/8870757
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author Danrong Song
Yan Sun
Yu Fan
author_facet Danrong Song
Yan Sun
Yu Fan
author_sort Danrong Song
collection DOAJ
description Effective participation of the general public in public-private partnerships (PPPs) can coordinate the multidemands of stakeholders and improve the scientificity of decision-making on infrastructure and public utility projects. However, excessive public participation may aggravate the complexity of PPPs and delay the progress of developing PPP projects. Accordingly, the appropriate participation of the general public is essential in the implementation of PPPs. This study examines the boundary conditions and the effective thresholds of public participation in adjusting the cooperative behaviors of both the government and the private investor in PPPs through an analysis of the evolution paths and dynamic balances of the strategy choices between the two parties. The results indicate that public participation in PPPs has the particularity of adjusting the partnership between the two parties. The results also suggest that public participation is not always effective and there are differences in the degree of public participation in the various strategy behaviors in which the government and the private investor choose to cooperate.
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spelling doaj-art-26b9cb4e39644f58b351c8540d8d8ba52025-02-03T05:51:17ZengWileyAdvances in Civil Engineering1687-80861687-80942020-01-01202010.1155/2020/88707578870757An Evolutionary Game Model on Public Participation in Public-Private PartnershipsDanrong Song0Yan Sun1Yu Fan2School of Business Administration, University of Science and Technology Liaoning, Anshan 114051, ChinaFaculty of Humanities and Social Sciences, Dalian University of Technology, Dalian 116023, ChinaSchool of Business Administration, University of Science and Technology Liaoning, Anshan 114051, ChinaEffective participation of the general public in public-private partnerships (PPPs) can coordinate the multidemands of stakeholders and improve the scientificity of decision-making on infrastructure and public utility projects. However, excessive public participation may aggravate the complexity of PPPs and delay the progress of developing PPP projects. Accordingly, the appropriate participation of the general public is essential in the implementation of PPPs. This study examines the boundary conditions and the effective thresholds of public participation in adjusting the cooperative behaviors of both the government and the private investor in PPPs through an analysis of the evolution paths and dynamic balances of the strategy choices between the two parties. The results indicate that public participation in PPPs has the particularity of adjusting the partnership between the two parties. The results also suggest that public participation is not always effective and there are differences in the degree of public participation in the various strategy behaviors in which the government and the private investor choose to cooperate.http://dx.doi.org/10.1155/2020/8870757
spellingShingle Danrong Song
Yan Sun
Yu Fan
An Evolutionary Game Model on Public Participation in Public-Private Partnerships
Advances in Civil Engineering
title An Evolutionary Game Model on Public Participation in Public-Private Partnerships
title_full An Evolutionary Game Model on Public Participation in Public-Private Partnerships
title_fullStr An Evolutionary Game Model on Public Participation in Public-Private Partnerships
title_full_unstemmed An Evolutionary Game Model on Public Participation in Public-Private Partnerships
title_short An Evolutionary Game Model on Public Participation in Public-Private Partnerships
title_sort evolutionary game model on public participation in public private partnerships
url http://dx.doi.org/10.1155/2020/8870757
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